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Money 2.0: The Rich and the Rest of Us

Hidden Brain

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Why Are Super Stars Paid So Much?

i asked keith if he thought the angels were paying my trout too much. If you think that paying the super stars huge salaries means that they are going to work harder and perform better, you would expect better scores and more winds. In team sports like that, higher levels of inequality and extreme pay for the super stars is associated with poorer performance in subsequent seasons. The team co ordination seems to be a critical factor here.

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