Commentary | Economic Growth

In praise of reining in runaway pay

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EPI President Lawrence Mishel hopes the recently announced plans to limit the pay of top executives working for firms that received bailout funds will help to end a longstanding game of “heads I win, tails you lose” that has enabled CEOs to prosper, regardless of the performance of their companies.

To critics of the government’s plan, Mishel asks, “How is it over-reaching for the government to impose consequences for corporate behavior that nearly toppled the nation’s economy?”

The full text of Mishel’s commentary for NPR can be read here.  


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