Executive compensation must not be questioned in the US. According to Milton Friedman whatever executives make they “earn.” There is no such thing as a free lunch. Individuals should not get perturbed by the fact that executives who strip assets from companies and move production to countries that have no labor standards or pollution standards [...]
Archive for the ‘Uncategorized’ Category
CEPR Nails It on Executive Compensation
Posted in Markets and Efficiency, Uncategorized, tagged Milton Friedman on January 16, 2010 | Leave a Comment »
Child Pornography Shows That Markets Do Work
Posted in Uncategorized, tagged Milton Friedman, Slavery on December 9, 2009 | 4 Comments »
Government bureaucrats once again interfering with the free market. Why Markets Always Work This articles is basically to point out the victories of conservative thinkers and corporations on the topic of the triumph of the markets and the total lack of necessity regarding regulation. The case for free markets and unfettered entrepreneurialism is even greater [...]
Executive Compensation as Control Fraud
Posted in Uncategorized, tagged Financial Fraud on August 6, 2009 | Leave a Comment »
What is Control Fraud It seems most of the population often lack the vocabulary to understand things that they know are wrong. When an executive rakes in huge amounts of money, most people know it’s not good for the company and unfair, but then they get confused with the framing of the activity. Executives and [...]
Dollars and Sense Magazine – Is there Anyone Better?
Posted in Uncategorized, tagged DollarsandSense.org on July 13, 2009 | Leave a Comment »
What Kind of Financial and Economics Reporting Do We Deserve? The differences between conventional media and the publication Dollars and Sense on the topic of economics and the present economic crisis is stark. From the conventional media the topic of the biases and corruption of our policy shapers such as Bernake, Geithner and Summers is [...]