Monday, August 14, 2006

Monkey pay? Monkey do

Financial Rounds points out a really really cool article that shows for the zillionth time that economics works.The blog entry is a review of a paper by Boyle who examines issues within academia. Now it has become my trademark to mention whenever pay issues come up that there are two key points to every pay issue: the form of pay and the level of pay. Form of pay is what creates incentives,

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