Do Public Salaries Increase Performance?

With the recent news regarding Jill Abramson and the New York Times, I wanted to take a closer look at the academic literature to see if I could find something about public salaries. There’s certainly been a lot written about whether she was fired or she quit or whether it had to do with secretive salaries or her […]

A Can’t-Miss Strategy for Making the MLB Playoffs

The baseball season is long — the regular season lasts more than half of the year. And that’s just the regular season. It doesn’t even include the preseason or postseason. As the season spans six months, one would think that it might be hard for some players to keep their focus during the middle of the summer. In fact, this past […]

Is It Time to Pay Politicians More?

A few months ago, I saw this very argument made in Slate. At first, I’m sure you’re doing a double-take? Why would we pay them more? They are hardly doing the job that we elected them to do in the first place. Why would we reward failure, stagnation, and an inability to get stuff done? That’s absurd! All […]

Cutting Salary to Show Solidarity: This Isn’t Empathy

A couple of days ago, there was news indicating that President Obama was going to return 5% of his salary, which amounts to about $17,000, as a sign of solidarity with those federal workers who’ve been furloughed. In case you’re not familiar with this situation, I’ll explain a little first. In 2011, there was the debt-ceiling […]