An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Remember that the profits do not count the obscene salaries and bonuses handed out to the banksters. Those are regarded as costs of doing business. If you multiply the workforce with median population wide compensation, subtract that from employee compensation(including bonuses to top managers) and tack that on to profit, you would get a much better idea
2 comments:
Remember that the profits do not count the obscene salaries and bonuses handed out to the banksters. Those are regarded as costs of doing business. If you multiply the workforce with median population wide compensation, subtract that from employee compensation(including bonuses to top managers) and tack that on to profit, you would get a much better idea
Clonal, why not post that at Evan's place. He is working up a post for Bloomberg on this.
Post a Comment