Friday, April 3, 2015

Maximum Wage

A reader's comment that is pure genius.
The debate on minimum wages is a red herring - the real debate ought to be about maximum wages - 70 million here 20 billion there for CEOs, all in the name of 'talent' that is expected to fly to a competitor. The real scandal is in a system that rewarded Carly Fiorina, Bob Nardelli and Marissa Mayer before they did anything at all. (from: krugman; power and paychecks; 03march2015; nytimes.com)

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