"Executives get 90%+ of salary as untaxed perks" still exists in Japan, incidentally. http://paulgraham.com/re.html pic.twitter.com/N4Cl0NVSS7
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That seems to be a very "be careful what you wish for" sort of outcome for most people who are worried about income inequality.
@patio11 Perception is all that matters apparently so people would be fine with that, is my guess.
@patio11 Sounds like a methodological flaw in how "measured" is defined. Treat two categories of comp differently & they will optimize.
@patio11 But what do you honestly expect people to do when you hand them a set of rules with an attached reward system? To game is human.
@patio11 @mj_langford I read this as “we don’t know what the income distribution in Japan is because a lot of it is off the books”
@patio11 @mj_langford I don’t think it was the case that there were more company houses and company cars in the US before the 1970s
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