Capitalism For The Masses | Seeking Alpha
Twitter’s CEO gave away a third of his shares to employees. Rather than depending on the altruism of CEOs, wider share ownership should be institutionalized. This will have benefits at […]
Perverse incentives cause real harm
There is a lot of moral outrage about the big bonuses, but, as this world-class economist argues, the dysfunctional sides of people on ‘high-powered’ incentives (as they’re called in economics), […]
Improving corporate governance
One big problem in the financial system are the short-term incentives in place for managers, which leads them chasing the wrong objectives and excessive risk taking. Here is a way […]