Former Bain honcho says economic inequality is OK MSNBC • May 3, 2012

Income inequality has vexed many economists, especially with the growing disparity in wages. Chief executives of the biggest public companies now make 231 times more than typical workers, according to a study released Wednesday by the left-leaning Economic Policy Institute.

“CEOs have fared far better than the typical worker, the stock market and the U.S. economy as a whole since the late-1970s,” said Lawrence Mishel, the institute’s president, in the report. “Compensation growth for executives and for top-tier financial-sector workers has fueled the enormous growth of incomes at the top.”