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Were Top Corporate Executives Really Hogging Workers’ Wages?
Thursday, September 18, 2014 0:44
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By Andrew Kliman
Thomas Piketty attributes rising inequality in the U.S. primarily to huge increases in the salaries of CEOs and other top executives, but he misinterprets the evidence. Rising salaries of top executives actually explain very little of the rise in inequality, and they depressed other employees’ pay by only a negligible amount.
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Source: http://www.truthdig.com/report/item/were_top_corporate_executives_really_hogging_workers_wages_20140917/
