Category Archives: Distribution

BBC’s Continued Outrage Over CEO Pay

“Executive pay used to be 30 or 40 times the wages of the lowest paid worker, now it is more like 300 or 400 times.” The BBC is running an article today outlining common arguments against executive pay that is … Continue reading

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Is outrage over gigantic bonuses justified?

Edit Sunday PM: Looks like the situation is more complicated than I made it out to be; UK taxpayers have a majority stake in RBS: http://www.bbc.co.uk/news/uk-16783571. Hester has since refused the payment. _______________________________________________________________ The BBC reported today on public outrage … Continue reading

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Meeting an Occupier

During the week of October 10, 2011, I attended the annual Mortgage Banker’s Association’s conference in Chicago. In addition to the conference’s normal routine of speakers and roundtables, I was also treated to being protested against for the first time … Continue reading

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Dividend Payouts and Opportunity Cost

Walter Olson’s post yesterday at Cato examines one Maryland councilman’s confused logic regarding dividend payments by a local utility to shareholders. This somewhat dated report from the House’s Joint Economic Committee outlines the broadening ownership of the reviled shareholders mentioned … Continue reading

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Unfunded State Pension Liabilities Top $1.26 Trillion

From Bloomberg. The article blames the market’s performance in 2008 / early 2009 for the collapse in pension funds, citing a 19% fall in the median state fund’s value during 2009. However, lacking is a discussion of generous benefits promised … Continue reading

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