Big Pay Gaps Are Bad for Business

Big Pay Gaps Are Bad for Business

Mattel is one of the largest toy-making companies on earth. Turns out it’s one of the biggest manufacturers of income inequality, too. Last year, the Barbie doll manufacturer paid its CEO nearly 5,000 times as much as its median worker. This stunning revelation...
My Advice for High School Graduates: Learn a Trade

My Advice for High School Graduates: Learn a Trade

In the classic 1960s movie The Graduate, a family friend offers Dustin Hoffman, the recent graduate, one word of advice: “plastics.” My advice for today’s high school graduates: “learn a trade.” Unfortunately, there’s a historic stigma about “voc-ed,” the result...
Prison Labor is Slavery by Another Name

Prison Labor is Slavery by Another Name

Right now there’s a national movement mobilizing to raise the federal minimum wage to a living wage of $15 an hour. But imagine if instead of earning even that much, you could only earn a few cents an hour. If that sounds like something from the developing world,...