Why authorizing a further pay increase for CalPERS CEO Marcie Frost is indefensible, but CalPERS cronyistic board will almost certainly set that plan in motion next week.
Read more...How parasitic administrators are ruining university education.
Read more...Bad bosses hurt performance! Who’d have thunk it?
Read more...The IMF makes a careful case for more redistribution.
Read more...How shareholder value theory and other bad ideas created lousy incentives for corporations’ executives.
Read more...The corporate savings glut has been long in the making. It’s a sign of capitalists abandoning their role of investing to pursue growth.
Read more...The Wall Street Journal published an important story on how states and communities throw money at companies via tax incentives and other gimmies in a desperate effort to win or hold jobs. These subsidies are a big drain on government budgets: Economic-development tax incentives more than tripled over the past 25 years, offsetting about 30% […]
Read more...Yet another dubious Swedish central bank fake Nobel Prize award…
Read more...A look at how rising inequality becomes systemically destructive.
Read more...A labor struggle in South Bend as a window into unions’ ongoing resistance to corporate greed.
Read more...How capitalism became disconnected from social good, leading to hope for a “strong leader” will take on the rich and powerful.
Read more...Yet another reason to regard 401(k)s as a failure….
Read more...Why business expect to have even fewer employees.
Read more...Why the bogus shareholder value theory of corporate governance needs to die.
Read more...Why the Job Guarantee versus Universal Basic Income is not about work, but about governance.
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