[The following piece is written by retired Professor John Gray. Given the recent call by the leaders of the artificial intelligence industry for government to please help them control themselves and its development, it is extremely timely.—Robert C. Hinkley] Photo by Igor Omileaev By John Gray* 16 September 2026 Many of the most serious public problems associated with business seem to follow a similar pattern. A company develops a successful product, technology, or busines

19 July 2026 By Robert C. Hinkley For nearly half a century, governments of every political persuasion have embraced the same idea: if we want prosperity, innovation and economic growth, we should leave business as free as possible to pursue its own interests and regulate only when necessary. The market will do the rest. It was an attractive theory. It has also proved to be one of the great disappointments of modern public policy. Consider the record. Tobacco companies spent

Photo by Samu Lopez 9 July 2026 The greatest threat to liberal democracy is not authoritarian government. It is a legal fiction. Governments all over the world have allowed the formation of corporations with all the rights of human beings, but none of the obligations. In human beings, those obligations are founded in conscience—something no corporation has. Instead, existing law instructs directors only to pursue their company’s best interests. Then we express surprise when