A new, um, record
Executive Pay
The Government Regulation Corporate America Hates Most
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 …
Mass Layoffs? Overpaid CEOs? Blame McKinsey!
Inside McKinsey & Co., the management consulting firm everybody loves to hate.
The Splurge Surge: Luxury Spending on the Rise
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.
The 5 Big Mistakes That Led to Ron Johnson’s Ouster at JC Penney
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?
On Executive Comp, the Swiss Aren’t Neutral — Will the U.S. Be Persuaded?
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.
What Should Be Done About Growing Inequality?
Many factors contribute to increasing inequality. Public policy should focus on eliminating only the bad ones
Who Should Pay More in Taxes?
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.
Executive Pay: Is “I’ll Have What He’s Having” Really the Best Approach?
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 …
Clinton Global Initiative: Can Companies Be Good and Do Well?
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 …