The government, through the Securities & Exchange Commission, has passed a regulation requiring that all publicly-trade companies have to publish the ratio between how much the chief executives get paid as compared to their average worker. On the other end of the pay scale, a number of Democrats are pushing for and some local governments are implementing a $15 per hour minimum wage.
Do you think these policies will reduce income inequality? Should the government be meddling in salary decisions with no regard for how the marketplace sets wages and prices? [Read more…]