On Oct 11, 2006, at 2:11 PM, joanna wrote:
> Doug Henwood wrote:
>
>> It's because they're so wonderfully skilled and the market is
>> rewarding them appropriately, of course.
>
> That's right, and Henry Ford IV is just about a million times
> smarter and harder working than I am.
Economists have an answer for that: "unobserved characteristics."