Ken writes:
In instance you lot are curious: Yes, Jeremy Lin did convey ec 10. Sumber https://gregmankiw.blogspot.com/
What amazes me is the public’s blasé credence of the salaries of sports stars, compared to its depression reckon for superstars inwards work concern together with finance. Half of all NBA players’ annual salaries travel past times $2 million, to a greater extent than than 5 times the threshold for the superlative 1% of household incomes inwards the United States. Because long-time superstars similar Kobe Bryant earn upwards of $25 1000000 a year, the average annual NBA salary is to a greater extent than than $5 million. Indeed, Lin’s salary, at $800,000, is the NBA’s “minimum wage” for a second-season player. Presumably, Lin volition shortly survive earning much more, together with fans volition applaud.
Yet many of these same fans would close certainly debate that CEOs of Fortune 500 companies, whose median compensation is closed to $10 million, are ridiculously overpaid. If a star basketball game instrumentalist reacts a split-second faster than his competitors, no i has a work alongside his earning to a greater extent than for every game than 5 manufactory workers produce inwards a year. But if, say, a fiscal trader or a corporate executive is paid a fortune for beingness a shade faster than competitors, the populace suspects that he or she is undeserving or, worse, a thief.
In instance you lot are curious: Yes, Jeremy Lin did convey ec 10. Sumber https://gregmankiw.blogspot.com/
