January 17, 2006
Will this make your day?

If you believe in efficient labor markets, and you don't make $30m per year, this site will make you feel real good. By the time I earn 26 cents, Barry Bonds has earned $43.75.

Puts the whole PHD thing in perspective.

Posted by Craig Depken at 08:56 PM in Economics  ·  TrackBack (0)

The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it. -Adam Smith

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