[lbo-talk] Inequality on the Diamond

michael perelman michael.perelman3 at gmail.com
Fri Dec 3 18:12:36 PST 2010


The Wall Street Journal says that Jeter shows that CEO's are underpaid.

Jenkins, Holman. "Jeternomics and the CEO." (1 December). http://online.wsj.com/article/SB10001424052748704679204575646591275493492.html?mod=ITP_opinion_0

I submitted my post to suggest how the norms of inequality are changing; not to criticize Jeter or other athletes. The point is that one obvious result of such wage spreads is a repression of wages of working class people.

-- Michael Perelman Economics Department California State University Chico, CA 95929

530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com



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