The Swiss Take Aim at Executive Excess

The Swiss Take Aim at Executive Excess

Something astounding is happening in Switzerland. For the first time ever, citizens in a modern nation are voting on whether to create what essentially amounts to a “maximum wage.” On November 24, the Swiss will vote on a ballot initiative that bans any...
CEOs Against Grandmas

CEOs Against Grandmas

David Cote, the CEO of Honeywell, has more than $134 million in his personal retirement fund. If I were sitting on a nest egg that big, I might feel a bit sheepish about telling ordinary grandmas and grandpas to take a cut in their Social Security payments. But Cote —...
Taking Stock of the Most Affluent Among Us

Taking Stock of the Most Affluent Among Us

How unequal have workplaces in the United States become? Our best answer happens to come from a source you might not expect: the Social Security Administration. Social Security statisticians each year tally up how much compensation gets reported on W-2s, the forms...