Business Ethics — Course Modules

Ethical Principles

Egoism, Predation, and Altruism: “What Business Ethics Can Learn from Entrepreneurship” (2009)
Greed: Notes on ABC News Special “Greed” (1999).

Trade

Free Trade Makes You a Better Person.
Uber, Cuba, and Freedoms Small and Large.
The Trading Game: Arbitrary, Free Trade, Restrictions, Egalitarian, Authoritarian.

Competition

Is Life Unfair? My Challenge to the Best Tennis Player in the World.

Profit

Profits–Good, Bad, and Obscene.

Money

Tara Smith, “Money Can Buy Happiness” [pdf at Reason Papers] (2003).
Loving Money and Books – Which Is More Evil?
Bible: “The love of money is a root of all evil.” “You cannot serve both God and money.”

Resources

Do we really live in a world of scarce resources?
Garrett Hardin, “The Tragedy of the Commons.”
Lifeboat ethics: how scarcity thinking sets us at each others’ throats.

Freedom

Robert Nozick, “The Tale of the Slave” , from Anarchy, State, and Utopia (1974). [HTML]
James Buchanan, “Saving the Soul of Classical Liberalism”, The Wall Street Journal (2000).
Robert Lawson, “Free Markets.”

Knowledge

F. A. Hayek, “The Use of Knowledge in Society” (1945).

Power

Why power does not corrupt — and it is character that matters most.
Third-Way Politics and Its Bitter Fruits.
Stephen Hicks, “Ethics for a Democratic Republic” (2015).
Economic and Political Power

Property Rights

Kelo.
“An entire Manhattan village owned by black people was destroyed to build Central Park.”

Monopolies

Good Monopoly, Bad Monopoly: When Are Monopolies Actually a Problem?
Who Is Really Serious About Monopolies?

Regulation

Robert Litan, “Regulation
Blamestorming and “Deregulation caused the financial crisis”.

Public Choice

David R. Henderson, “Rent Seeking”.
Wikipedia, “Rent Seeking.”
William Shughart, “Public Choice” [CEE].
Russell Roberts, “If You’re Paying, I’ll Have Top Sirloin” (1995).
Rob Norton, “Unintended Consequences” [CEE].
James M. Buchanan, “Public Choice: Politics without Romance,” Policy Magazine (2003).
Ayn Rand, Atlas Shrugged.

Environment

The Love Canal Environmental Disaster.
The Bhopal Chemical Spill Disaster.

Discrimination

Linda Gorman, “Discrimination.”
Claudia Goldin,
Tom Beauchamp, “McAleer v. AT&T”.
Stephen Hicks, How to Discriminate Properly

Whistleblowing

Stephen Hicks, Whistleblowing and Government Secrets, Chelsea Manning edition.

Poverty

Peter Singer, “The Duty to Give to the World’s Poor”.
Stephen Hicks, Who Really Wants to Solve the Problem of Poverty?

Division of Labor

Adam Smith, “Of the Division of Labour”, Chapter 1 of The Wealth of Nations (1776).

Corruption

Transparency International.
Stephen Hicks, Corruption—Is It Worse in Free or Government-Regulated Markets?

Sweatshops

Benjamin Powell: https://www.youtube.com/watch?v=O2sW2wt3nLU

Child Labor

Jeffrey Tucker, “Let the Kids Work.” FEE.

Externalities

Michael Munger, “When Is a Potato Chip Not Just a Potato Chip?”

Development

Why are some countries rich and some countries poor?
Gapminder Chart.
Stephen Hicks, NA and LA.

Entrepreneurship

Alexei Marcoux,
Kaizen entrepreneur interviews.
Stephen Hicks, “What Entrepreneurs Can Teach Us All About Life,” The Wall Street Journal

Famous entrepreneurs in history

J. J. Hill
John D. Rockefeller
Cornelius Vanderbilt
Mary Kay Ash
Ray Kroc
Sam Walton
Steve Jobs

Business Ethics Cases

Tom Beauchamp, “Manufacture and Regulation of Laetrile”.
“Laetrile and Pharmaceuticals”.
Charles Hooper, “Pharmaceuticals” [CEE]

Tom Beauchamp, “The FCC’s ‘Fairness Doctrine'”.
Telecommunications and the “‘Fairness Doctrine'”.
John Haring, “Telecommunications” [CEE].

Tom Beauchamp, “Putting the Squeeze on Citrus Hill Orange Juice” .

Tom Beauchamp, “Hooker Chemical and Love Canal” .
The Love Canal Environmental Disaster.

Tom Beauchamp, “Venture Capital for Rubbernex” .

The Bhopal Chemical Spill Disaster.

Rent Control

Journalism:
Stockholm: http://www.bbc.com/capital/story/20160517-this-is-one-city-where-youll-never-find-a-home
Mumbai:

Nations

Comparing North and Latin American Economic Performance.
Indices: Index of Economic Freedom, Economic Freedom of the World, and DoingBusiness.org.

Theorists

John Maynard Keynes, The End of Laissez-Faire
Hicks on Keynes, Can We Blame Keynes for Keynesianism?
Henry Hazlitt, Economics in One Lesson (1946).
Karl Marx, Excerpts from The Communist Manifesto .
Max Weber, excerpt from The Protestant Ethic and the Spirit of Capitalism.

Equality
Justice
Leadership

Al Gini and Ronald Green, Ten Virtues of Leadership