We hear an enduring myth: the "free market" decides who gets what in an efficient dance of allocation of resources through competition. Garbage. Especially when it comes to CEO pay–though apparently there are some who want to continue the myth of competition. Over the weekend, I caught this in the NYTimes business section–an excerpt […]
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Jonathan Tasini's Ruminations on Work, The Economy, and PoliticsTag Archive | "Nell Minow"
CEO Pay: Cronyism and Corruption, Not Competition
Posted on 28 December 2010.
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