Profit sharing

A Case Study of When Profit Sharing Works

The gaps between what CEOs earn and what workers do are surprisingly large around the world. Such an unequal distribution of wealth has long been a topic of discussion in economic and political circles, but it is also increasingly common in the business world. A 2014 IMF study illustrates that extreme inequality is doomed to […]

Profit sharing

Can profit-sharing address income inequality?

One of the first acts of George Washington’s presidency was to reduce tariffs on the cod fishing industry, the equivalent of a tax cut. The sector was reeling from the war of independence and the government wanted to help it get back on its feet. There was one requirement: the tax credit “would only be […]