You find that foreigners know alot more about the American culture, government, and history than the average American. That's interesting. I've found the opposite to be true - but my interactions have been mostly with Germans. In Germany they seem to specialize alot more in their education. So if you want to be an engineer, you'll study engineering. None of these general ed/liberal arts classes that students in US colleges have to take. I was surprised because I knew more about European history then they did.
Thank you! I'm so sick of the "rush to legislate" to fix and engineer us into a perfect society. It doesn't work. We need to value freedom and the market above all else. Even if we think evil corporation will do evil things. One persons evil is another's good thing - so who decides evil? that's when you fall into the trap.
I hate these types of 'studies'. What do they mean by returns (%, cents per share, $s)? You can always play with the numbers. One company can have a smaller % return but it represents much more money. A CEO can get a smaller percent bonus but be much more money. So these correlations are very dubios.
Also, does the article think that the CEO of some small company should make more then the CEO of IBM just because it had a higher percent return. How about complexity and degree of difficulty of the job as a measure of pay versus just returns. How about the CEO who makes some tough decisions that will help the company long term but will have a negative effect short term. I hate articles that completely over simplify things to make some shocking point.
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You find that foreigners know alot more about the American culture, government, and history than the average American. That's interesting. I've found the opposite to be true - but my interactions have been mostly with Germans. In Germany they seem to specialize alot more in their education. So if you want to be an engineer, you'll study engineering. None of these general ed/liberal arts classes that students in US colleges have to take. I was surprised because I knew more about European history then they did.
Thank you! I'm so sick of the "rush to legislate" to fix and engineer us into a perfect society. It doesn't work. We need to value freedom and the market above all else. Even if we think evil corporation will do evil things. One persons evil is another's good thing - so who decides evil? that's when you fall into the trap.
I hate these types of 'studies'. What do they mean by returns (%, cents per share, $s)? You can always play with the numbers. One company can have a smaller % return but it represents much more money. A CEO can get a smaller percent bonus but be much more money. So these correlations are very dubios.
Also, does the article think that the CEO of some small company should make more then the CEO of IBM just because it had a higher percent return. How about complexity and degree of difficulty of the job as a measure of pay versus just returns. How about the CEO who makes some tough decisions that will help the company long term but will have a negative effect short term. I hate articles that completely over simplify things to make some shocking point.