Saturday, October 16, 2010
Do we pay too much for talent?
It's always a good week when a fresh piece by Malcolm Gladwell drops in the New Yorker. This week (Oct 11), Gladwell writes about how dramatically salaries/fees for "talent" have changed in recent times, how the son of a star baseballer inherits his talent and earns more in one year than his dad's whole team earned in their entire careers. Gladwell raises the question of whether the pendulum has swung too far in the other direction. Are these CEOs, sports stars and models worth this mad money? Check it out. And if you don't feel like reading the feature, you can buy a podcast for a few gold coins.