Pragmatism is widely considered a virtue in business, but it is in fact a perilous approach, antithetical to long-term profitability.
Business
The Difference Between Winning a Lottery vs. Building a Successful Business
Obama’s stereotype of all rich people as being “born” into it (hence the lottery analogy) betrays not only willful ignorance, but an irrational hatred of production and success.
Top 25 Hedge Fund Managers Earn More Than All Kindergarten Teachers
Why do most people criminalize wealth creation while others cheer and appreciate it?
Integrity in Business and Politics
Integrity is being trumped by pragmatism, both in business and in politics.
Securities Regulation Harms Businesses
The problems startups have in raising capital caused by securities regulation.
What Creates Real Jobs And What Destroys Them
Jobs come from government getting out of the way and letting employers produce goods and services.
Separation of Film and State
Government intervention necessarily begets more intervention.
Business Decisions and The Principle of Justice
Is it ethical to fire employees who are on a leave?
Staples Fails To Defend Itself Against Obama Attack On Moral Terms
Obama did not build Staples, nor any other profit-making company offering value to its customers and employees. Yet he’s the one with life-or-death control over all companies. His moralistic tone of “shame” shows how he really believes it.
Koch Brothers are Heroes
If the Kochs’ views were the same as George Soros’, I don’t think anti-capitalists would not complain as much.
“The Greater Good” versus Self-Interest for Profit
The notion that business should sacrifice its self-interest—profit—to some undefinable “collective good” is ludicrous.
Three Errors About Business Ethics
There is a moral code that is consistent with long-term profitability of business.
The Doctor-Laborer Inversion
The battle over minimum wage is raging. Emotions are running hot. Some cities are setting the bar very high. For example, Seattle is mandating a $15/hour wage. Economically, the issue is very simple. Minimum wage laws do not raise anyone’s wage. This is because it’s...
Business as a Moral Endeavor
Business is moral because our lives and well-being depend on it, and businesspeople are heroes and moral creators who deserve, not our disdain and criticism, but our thanks.
Why Appeasement Doesn’t Work: Sainsbury’s and Kosher Foods
By appeasing the protestors, the first moral principles the Sainsbury’s manager conceded was the right to liberty.
Cheering the Burger King Takeover of Tim Hortons
To argue that foreign takeovers of Canadian companies are of “no net benefit” is nonsensical.
Leadership and The BB&T Philosophy
The foundation of BB&T’s success is its principles.
Pros and Cons of Capital Gains Taxes
Reducing investors’ incentives to take risks is reducing the jobs their investments are likely to create.
SEC Attacks SAC Capital
Insider trading is when someone trades with knowledge they have but which others do not. The question is whether this should be a crime.
One CEO’s Dilemma: “But I don’t want to be moral!”
The moral is the practical—that is the reason why you want to be moral.
“You Are Not That Good”– Why Business Leaders Need Pride, not Humility
Instead of humility that the “you are not that good” remark is trying to admonish, an effective business leader needs to embrace the moral principle of pride: the policy of doing one’s best.
Business Hero John Allison: BB&T — The Bank That Atlas Built
Ayn Rand asked the question, “Philosophy: who needs it”? Allison and BB&T have proven that businesses need philosophy — Ayn Rand’s philosophy.
Is Outsourcing a Moral Practice?
RBC and any other company should be free to outsource as much as they want—because it is moral.
Corporate Welfare is Immoral
In its recently released budget the Canadian (Conservative!) government announced $6.4 billion of new corporate welfare spending. The aerospace sector will receive $1.2 billion of it over the next five years, Federal Economic Development Agency for Southern Ontario...
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