Posted on 24 October 2009. Tags: AFL-CIO, Barack Obama, Caps, CEO Pay, Federal Reserve Board, Kenneth Feinberg, Unions, Wages
I want to try to make a subtle distinction here: between something that I’m glad is happening, on the one hand, and changes that fundamentally reshape economic power in the country, on the other hand. The first does not necessarily bring about the second. And it’s important, I would argue, for us to keep our […]
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Posted in General Interest
Posted on 11 June 2009. Tags: "Free Market", capitalism, CEO Pay, Kenneth Feinberg
I always thought pay cap rules coming from Washington were more show than real. Earlier this year, I pointed out the weaknesses in the initial CEO pay cap rules. And, in fact, the new twist on this will cover a relatively few in the high-flying world of obscene CEO pay: The Obama administration’s sweeping […]
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Posted in General Interest