Labor Day News of the WEIRD

walmart protest

Cynthia Strathmann: As rates of unionization have fallen, so has compensation. One might expect unions to be all the rage with anyone who ever put in a hard day’s work. But this is not always the case, particularly in the United States.

Stock Ownership: Theory vs. Reality

Money

Ron Wolff: I can’t help wondering how much more I (and millions of other Americans) could be earning from our stock portfolios if the billions of dollars paid in executive compensation (based on rationale that is marginal at best) were distributed to the shareholders.

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