PBS’s P.O.V. series presents Utopia Pt. 3, The World’s Largest Shopping Mall, a 13-minute film on the South China Mall in central Dongguan, a city of 6 million north of Hong Kong. More than twice the size of the Mall of America, the mall is like Las Vegas and Disneyland combined — except that it…
Category Archives: Economics
AIG bonuses aren’t the problem. Excessive executive pay is.
On WBUR’s Here and Now, today, New York Times business columnist David Leonhardt pointed out that the excessive bonus pay at AIG (and now, Fannie Mae and Freddie Mac) are only a symptom of the larger problem of excessive executive pay. He suggests that one way to deal with this that actually works, is to…
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