tag:blogger.com,1999:blog-1141932539860553199.post4031335388099081434..comments2024-03-05T10:52:24.691+00:00Comments on Mark Wadsworth: Executive PayMark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-1141932539860553199.post-17845569038374338382016-03-26T19:40:26.820+00:002016-03-26T19:40:26.820+00:00Mark, definitely with you on that one. If the gov...Mark, definitely with you on that one. If the government wants to subsidise pensions, (still a bad idea, IMHO) the they should do this as they are paid out, not as they are paid in. OTOH they're not really trying to subsidise pensions, that's just the window dressing, the real idea is to subsidise the pensions industry.Bayardhttps://www.blogger.com/profile/15211150959757982948noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-16186544865096446102016-03-26T19:23:28.704+00:002016-03-26T19:23:28.704+00:00B, I've said many a time that a large part of ...B, I've said many a time that a large part of the solution is end tax breaks for pension funds and other intermediaries. By default, more shares would be owned by small investors who are more likely to vote against these high salaries.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-4396940231232846702016-03-26T17:32:12.222+00:002016-03-26T17:32:12.222+00:00Ooops sorry! If you want to read economists who kn...Ooops sorry! If you want to read economists who know what they talking about try Mises and Hayek. Or the blogs on them Mises Daily and Cafe Hayek. You can't go wrong with Adam Smith either. Oh and also avoid Keynes he invented modern day boom and bust.Antistheneshttps://www.blogger.com/profile/10120647617145756102noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-89676191158352403922016-03-26T15:42:44.708+00:002016-03-26T15:42:44.708+00:00Antist above,'So why do we rail against entrep...Antist above,'So why do we rail against entrepreneurs' Nope.read again.It is about the 'managers' who take over after the entrepreueral stage.Lola, thanks I will read Piketty as soon as I can get it in paperback.MikeWhttps://www.blogger.com/profile/15455583313857077618noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-11263381103151944572016-03-26T15:20:40.989+00:002016-03-26T15:20:40.989+00:00Piketty now there is an economist you need to avoi...Piketty now there is an economist you need to avoid like the plague. He spouts total nonsense. As for executive pay and wealthy people. We do not rail against celebrities who are paid handsomely only because they afford us enormous pleasure personally producing nothing. So why do we rail against entrepreneurs and the like for being paid handsomely when they give us enormous please by the goods, services and jobs they provide for us. We owe them our standard of living even our poorest are better off than in any time in history. Oh and it allows us to pay to watch our favourite celebrities.Antistheneshttps://www.blogger.com/profile/10120647617145756102noreply@blogger.com