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Anders Melin Profile picture
Anders Melin
@MelinAnders
Writing mostly about wealth and executive compensation for Bloomberg News | no opinions to speak of. amelin3@bloomberg.net / text me secrets: 646-276-7863
Aug 4, 2021 • 24 tweets • 5 min read
We've seen these headlines for decades: CEO pay keeps going up. It's as certain as death and taxes.

Will it ever stop?

No. It won't. If anything, it'll rise at an even faster clip in the future.

Here's why:

🧵 1/

bloomberg.com/graphics/2021-… 2/ Executive pay in America is (ironically) a perfect example of how incentives can have unintended consequences. It's controlled by an insular group of individuals and entities. And nobody has a clear incentive to slam the brakes. They're all too busy getting rich.