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Executive Payola

There’s quite a rumpus, again, about executive pay. The amount our top CEO’s extract from us all has reached epic proportions. The Fortune 500 CEO’s average pay levels about 200 times that of our average workers. This is about 1,000 times more than it used to be back when the economy was doing well in […]

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The Radford-Perkins Rule?

Well Tom Perkins, take a bow. As if your Wall Street Journal letter wasn’t silly enough, you’ve now raised the bar for all subsequent arrogant rich folk to meet. Comparing criticism of the American 1% with the Nazi attacks on Jews is outrageous enough, but suggesting you ought to get more votes because you pay […]

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Done Over?

How strange. On the very day I have vented about the odd state of economics and its profound disconnect from reality I read in Paul Krugman’s blog a short piece that links to something by John Quiggin. Allow me to summarize: A recent book, written by someone at the Richmond Federal Reserve, purports to be […]

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