2min chapter

Against the Rules with Michael Lewis cover image

The Hand of Leonardo

Against the Rules with Michael Lewis

CHAPTER

What's an Egregious Example of Unfairness in American Life?

F fortune magazine would have a cover story every year saying, who gets paid how much? Very neutral. Andthen all of a sudden, around 19 90, they had coversory saying, it's out of control. Back in 19 80, the typical corporate ceo was paid roughly 15 times what his average employee made. Now he's paid roughly 400 times what the average worker gets paid. So we have a new rule where the referees are happy and prosperous. They're probably helping to make life less fair. But let's ask a question, what's a truly egregious example of unfairness in american life? And are there any referees present at that scene?

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