by Summary:
New data by the AFL-CIO Executive Paywatch, available here. Note that union members do much better than nonunion members, and certainly than minimum wage workers. For more context read this EPI report. You must admit that the use of flawed neoclassical thinking is sometimes amusing. In this Bloomberg post, an 'expert' (aka hired gun) from a free market think tank (pro-corporations propaganda machine) says that the "AFL-CIO study [is] 'useless' because it compares two different labor markets that should be evaluated separately. While most workers could easily be replaced, he said, CEOs are 'much harder to substitute.'" Yes, they are receiving according to their productivity, and is so hard to find these geniuses.
Topics:
Matias Vernengo considers the following as important: AFL-CIO, CEO-to-Worker Compensation, EPI
This could be interesting, too:
New data by the AFL-CIO Executive Paywatch, available here. Note that union members do much better than nonunion members, and certainly than minimum wage workers. For more context read this EPI report. You must admit that the use of flawed neoclassical thinking is sometimes amusing. In this Bloomberg post, an 'expert' (aka hired gun) from a free market think tank (pro-corporations propaganda machine) says that the "AFL-CIO study [is] 'useless' because it compares two different labor markets that should be evaluated separately. While most workers could easily be replaced, he said, CEOs are 'much harder to substitute.'" Yes, they are receiving according to their productivity, and is so hard to find these geniuses.
Topics:
Matias Vernengo considers the following as important: AFL-CIO, CEO-to-Worker Compensation, EPI
This could be interesting, too:
Bill Haskell writes Fastest wage growth over the last four years
Angry Bear writes Average real wages rise for 12 straight months as prices decelerate faster than nominal wage growth
Bill Haskell writes State and local governments are not spending a majority of American Rescue Plan funds, yet
run75441 writes Supply Chain Backlog, Profit Taking, or Labor Driving Inflation?
New data by the AFL-CIO Executive Paywatch, available here. Note that union members do much better than nonunion members, and certainly than minimum wage workers.
For more context read this EPI report. You must admit that the use of flawed neoclassical thinking is sometimes amusing. In this Bloomberg post, an 'expert' (aka hired gun) from a free market think tank (pro-corporations propaganda machine) says that the "AFL-CIO study [is] 'useless' because it compares two different labor markets that should be evaluated separately. While most workers could easily be replaced, he said, CEOs are 'much harder to substitute.'" Yes, they are receiving according to their productivity, and is so hard to find these geniuses.
