A new, um, record
This week the Securities and Exchange Commission announced a rule proposal that would require companies to disclose the median salary of their workers and show how that compares to how much its CEO makes. And Corporate America …
Inside McKinsey & Co., the management consulting firm everybody loves to hate.
Wealthy Americans don’t really think that good times are here again for the economy. But they’re going on shopping sprees anyway, with increasing sales seen for luxury hotel stays, high-end automobiles, and more.
In the fall of 2011, Ron Johnson was appointed not just as CEO of JC Penney, but as the savior responsible for breathing new life into one of the dowdiest dinosaurs in American retail. Seventeen months—and many, many mistakes—later, he’s out of a job. What happened?
For more than a century, the Swiss have managed to stay out of conflicts and wars. But when it comes to excessive corporate compensations, they are hardly neutral.
Many factors contribute to increasing inequality. Public policy should focus on eliminating only the bad ones
Perhaps the affluent should pay more income tax, but the middle class will end up footing most of the bill – because that’s where the real money is.
Anyone who’s ever watched When Harry Met Sally will remember the line “I’ll have what she’s having” as the perfect punchline to that memorably obscene deli scene. As a justification for CEO pay, though, the “I’ll …
When it comes to determining the best approaches to solving the world’s economic and social ills, rational people can, and do, disagree. But there’s one point on which something approaching unanimity has emerged: That private …