Rethinking the Economy

Plenty of studies have shown that when CEOs get insanely big paychecks, it doesn’t pay off in terms of performance — in short, it’s bad for shareholders. Now comes a study from Desai, Brief, and George that shows it’s bad for employees too.
higher income inequality between executives and ordinary workers results in executives perceiving themselves [...]

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When two feet of snow slowed DC life to a crawl last week, I started catching up on old New Yorker’s. In an interesting December article on China’s “crash program for clean energy,” one paragraph caught my eye:
[a] message is gaining currency in Congress; it frames American leadership as manifesting not so much [...]

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Now that the Supremes have said the corporations can run wild with political spending, what’s our next move? Back in November, the Brennan Center’s Ciara Torres-Spelliscy made an interesting suggestion in Business Week — do what the Brits do and put more power into shareholders’ hands:
A law passed in 2000 requires British companies [...]

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