compensation reform

The AIG bonuses have marked a turn, for the worse — not economically but socially, or morally. The disgrace of the bonus-giving itself has been dwarfed by the populist reaction against them. Matthew Yglesias has pointed to some of the best bits from around the web — especially via this post quoting Brad DeLong on compensation reform (also [...]

Tagged as: aig, animal spirits, bailout, behavioural economics, bonuses, compensation reform, corporate bonuses, corporate compensation, crisis, economics, emotions, ethics, going galt, learned helplessness, learned optimism, matt taibbi, morality, positive psychology, recovery, robert shiller, self-assertion

{ 11 comments }