One reason people don’t like capitalism is because they think it is unfair. One reason people think capitalism is unfair is because they believe that crony capitalism is the same as free-market capitalism. It is not. In fact, crony capitalism is closer to the opposite of free-market capitalism. What is crony capitalism? Crony capitalism is … Continue reading Crony Capitalism ≠ Capitalism
You may have seen headlines saying that CEO’s make 300 times more money than the average worker. These can be deceptive. The data may not be comparable, or cherry-picked for “wow” factor based on only the largest companies. I realize this post may be unpopular, even though it is not a full defense of CEO … Continue reading Are CEO’s overpaid?