Let’s See What’s in the News Today (May 11, 2015)



Current justifications for extreme inequality of income and wealth grossly exaggerate their positive incentive effects, and underestimate their negative effects. Consider the fact that top German and Japanese executives earn far less than their counterparts in the U.S. or U.K., but their firms are just as productive. Even within the U.S., there is virtually no correlation between pay and performance for top executives. Studies show that excessive incentives for work requiring innovative thinking can actually depress productivity by focusing people’s minds on money rather than the task at hand.



  • A study from last year shows that children exposed to religion have a hard time distinguishing between fact and fiction.


About shaunmiller

I have just completed a visiting position as an assistant professor at Dalhousie University. My ideas are not associated with my employer; they are expressions of my own thoughts and ideas. Some of them are just musings while others could be serious discussions that could turn into a bigger project. Besides philosophy, I enjoy martial arts (Kuk Sool Won), playing my violin, enjoying coffee around town, and experimenting with new food.
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