maximum wage
A Biblical Case for Capping Executive Pay
A broad swatch of mainstream religious leaders, across the Atlantic, now want to see top executive compensation tied to a fixed multiple of what companies pay their lowest-paid workers.
Must the Rich Rock On Forever?
Economists tend to add more to the aggravations of everyday life than explain them. Not this economist. A review of Economics for the Rest of Us: Debunking the Science that Makes Life Dismal by Moshe Adler.
At Davos 2010, Tough Talk on Greed
Labor leaders at last week’s Alpine assembling of global bankers and CEOs came with a simple pledge: We’re going to fight to cap your pay.
Linking Work and Reward: A New Calculation
People who do vitally necessary work, throughout our economy, often take home far less than people whose jobs add trivial value to our lives. Do we have an alternative? Britain’s New Economics Foundation thinks so — and explains why in this fascinating new report.
Banker Bonus Bingo: Every Card's a Winner
Can excess on Wall Street ever be ended? Maybe. Some lawmakers in France have a plan that could end it.
The Most Promising Push Yet for a Maximum Wage
Across the pond, in the UK, the idea of capping income is suddenly starting to make a respectable splash.
Cap and Save
To rescue the global economy from reckless power suits, we just may need a ‘maximum wage.’ So say Australia’s top labor leaders and a daring cohort of MPs in the UK.
Can Bailouts Give CEOs an Incentive to Build the Middle Class?
Senate opponents of an auto bailout want autoworkers to give up what’s left of their middle class status. But a different bailout approach — keyed off CEO pay — could actually leave our middle class strengthened.
The Bailout Deal: The Rich Haven’t Won Yet
The architects of the $700 billion bailout agreement defeated in the House left some key details tantalizingly undefined.
America’s Most Egalitarian Banker
With our titans of high-finance now creating chaos and rewarding themselves with billions, we might do well to remember a time when someone with good sense — and a conscience — could actually lead America’s top financial institution.
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