A friend at work recently dropped by my cube with a paper explaining the bonuses of senior executives--they were, of course, the multi-million-dollar type that has many rejoicing when a jury puts one of them in jail. My friend fully expected me to join in with the resentment and jealousy he had, but something intervened.
Specifically, I thought of the fact that the vast majority of those executives were going to keep working 80 hour weeks with grueling travel schedules for a number of years, where most of the rest of us would quickly figure out what we really wanted to do and use that bonus to make it happen.
One might infer that some--most?--of us simply don't know when enough is enough. Is Bill Gates happier in his $100 million home than others are in their "mere" $500,000 homes? Is Ted Turner happier on his 100,000 acre ranches than others are on their "mere" quarter sections?
I doubt it. However, I know that a lot of people are working awfully hard to find out.
The North Loop Is Burning!, Part II: Kotkin Was Right! - A few years ago, we wrote about an article by urban planner Joel Kotkin. Kotkin is a left-leaning urban planning type – is there any other kind? But he’s...
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