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Comments on: Why? http://www.tvhe.co.nz/2009/09/03/why/ The Visible Hand in Economics Thu, 03 Sep 2009 02:04:57 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Eric Crampton http://www.tvhe.co.nz/2009/09/03/why/#comment-21362 Thu, 03 Sep 2009 02:04:57 +0000 http://www.tvhe.co.nz/?p=4343#comment-21362 Send him a copy of Nozick’s thought experiment on Wilt Chamberlain.

]]> By: StephenR http://www.tvhe.co.nz/2009/09/03/why/#comment-21361 Thu, 03 Sep 2009 00:10:42 +0000 http://www.tvhe.co.nz/?p=4343#comment-21361 If someone pays someone else an “eye popping salary” this is voluntary trade, why do we feel that we have to jump in and regulate a “maximium value” for this trade?

“we”? 😉

We/John Minto may be fixated on the notion that salaries are a zero-sum game – CEO salaries come at the cost of the the salaries of people ‘who do the real work’. Could be, just popped into my head though.

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