The Pay of Chicago School Teachers and Selected Others

By: Wednesday September 12, 2012 8:45 am

Since the Chicago school teachers went out on strike Monday, many political figures have tried to convince the public that their $70,000 average annual pay is excessive. If we want to assess whether someone is getting too much money, we always have to ask the follow-up question, compared to what? Here are a few comparisons that I have found useful.

 

Gulf Residents Beg Kenneth Feinberg to Restore Livelihoods

By: Wednesday January 12, 2011 6:15 pm

With the release of the Presidential Oil Spill Commission report this week, we’re seeing some renewed interest in the fallout from the BP oil spill. In particular, the $20 billion escrow fund managed by Kenneth Feinberg has been a main point of contention between the Gulf and BP since last fall, when BP began threatening to withhold compensation to residents if Congress placed greater restrictions on their drilling.

They couldn’t even drop a pallet of cash

By: Monday September 27, 2010 1:30 am

The United States has no record of ever living up to its promises to the victims of torture at Abu Ghraib.

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