Articles
Articles and analyses from the INET community on the key economic questions of our time.
How the U.S. New Economy Business Model has devalued science & engineering PhDs
This note comments on Eric Weinstein’s, “How and Why Government, Universities, and Industries Create Domestic Labor Shortages of Scientists and High-Tech Workers,” posted recently on INET’s website.
The Moral Burden on Economists
Which Productivity Puzzle?
The paradoxes of fiscal austerity in Brazil
Brazil’s current economic scenario does not resemble the emerging economy that until recently fueled the optimism of analysts and investors.
A Public Comment on the SEC Pay Ratio Disclosure Rule
In this comment, we explain our objections to the SEC’s current formulation of the Pay Ratio Disclosure Rule on each of three grounds: the erroneous estimation of CEO pay; the unclear specification of the “median” worker; and the risk of normalizing a pay ratio that is far too high. Then we present the latest data on the remuneration of the 500 highest-paid CEOs in the United States, demonstrating the way in which the SEC’s measure of CEO pay that enters into the CEO-to-median-worker pay ratio tends to systematically underestimate actual executive pay.