CEO pay: nobody’s business but shareholders
Yaron Brook participated in a debate on CEO pay at BusinessWeek.com. The question was, “President Obama’s proposed salary restrictions for banking executives are a good idea for all of Corporate...
View ArticleDon’t cap CEO pay, cap government coercion
In the debate over pay caps for bailed out bankers, we’ve been offered a seemingly unresolvable conflict: On the one hand, the government has no right to dictate CEO compensation. But on the other...
View ArticleThe imaginary perils of executive compensation
Megan McArdle, liveblogging from the Berkshire Hathaway shareholders meeting, reports that Warren Buffet was asked about executive compensation. Buffet gave his usual answer: that CEOs are able to nab...
View ArticleDiscovering new ways to pay CEOs
In my last post on CEO pay, I pointed out that undeservedly high pay for executives would not be a problem on a truly free market, where CEO pay is undistorted by government intervention, as it is...
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What we can learn from Derek Jeter about the debate over CEO pay
In a delightfully written column for the Wall Street Journal, Holman Jenkins observes that baseball great Derek Jeter’s salary showdown has provoked none of the public outcry we inevitably hear when a...
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Wanting to Have Your Pizza and Eat It Too
Papa John’s CEO John Schnatter received some flak recently for announcing that some of his franchise owners would likely cut the working hours of some employees to avoid having to insure them under...
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