Free Enterprise in Three Minutes Podcast with Ray Keating

Episode #34: What People Earn, Part IV: Why CEOs Make Far More Than Their Employees

April 24, 2019 Season 1 Episode 34
Free Enterprise in Three Minutes Podcast with Ray Keating
Episode #34: What People Earn, Part IV: Why CEOs Make Far More Than Their Employees
Chapters
Free Enterprise in Three Minutes Podcast with Ray Keating
Episode #34: What People Earn, Part IV: Why CEOs Make Far More Than Their Employees
Apr 24, 2019 Season 1 Episode 34
Ray Keating
Ray Keating explains why the CEO of a company makes a heck of a lot more than the average employee.
Show Notes

Ray Keating talks more about earnings, specifically, by exploring why the CEO of a company makes a heck of a lot more than the average employee. Indeed, many people are annoyed by CEOs of businesses making so much more than those on the assembly line, covering the sales floor, or driving the trucks. But once the economics are explained, it becomes clear why that’s the case.