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Overnight Video: Aurora 2012

168
Nerdy Fish2/07/2012 6:58:13 am PST

re: #165 Petero1818

School can only teach so much. The market is efficient enough to drive itself up again in fairly short order. The reality is that scarcity of talent drives up the cost. There are some people that can lead and others that can follow. Leaders, and ones that won’t lead you off a cliff, are not that easy to find. MBA classes are filled with middle and upper managers. Leaders, visionaries, innovators are far fewer.

The market artificially inflates itself because these blowhards all think they deserve to get paid exorbitant salaries. It’s getting to the point where even I, a relatively ardent free-market capitalist, am starting to think that federally imposed wage limits (as a percentage of total company salary) would be a good idea.