A relative handful of Americans, a key congressional panel forecasts, will take home more this year than half the nation’s taxpayers combined.
What would constitute “fair pay” for corporate executives? A chemical engineer from Purdue looks for an answer in “the concepts and mathematics used to solve problems in statistical thermodynamics and information theory.”
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.
Hard times, a rash of new media reports now assures us, are significantly narrowing the gap between the rich and everybody else. So why are so many super rich still smiling?
If Americans ever really digested the sort of statistics that appear regularly in the IRS research journal, the resulting storm of protest might make the rage over AIG seem about as fearsome as a tantrum from a toddler.
Automaker CEOs actually believe they’re getting the short end of Corporate America’s executive pay stick. Amazingly enough, they actually have a case — and the rest of us have a reason to demand a total overhaul of U.S. executive pay.
To govern effectively for the middle of America’s economic ladder, the incoming Congress and Obama administration are going to have to take aim at the top.
. . . you’ll likely find, suggest billionaire Mark Cuban and recent corporate history, worried workers and cheated consumers