Everybody in Cambridge, Massachusetts can't stop talking about Jeremy Lin, writes Ken Rogoff. The Nobel Prize winning economist is a professor at Harvard, where Lin got his economics degree.
Rogoff is a fan of Lin. But he uses the "Linsanity" as a launchpad to talk about the ongoing debate about huge paydays.
Here's an excerpt from Rogoff's latest piece in Project Syndicate:
What amazes me is the public’s blasé acceptance of the salaries of sports stars, compared to its low regard for superstars in business and finance.
Harvard economics professor Ken Rogoff is throwing some serious bear punches again. For China not to crash would be an extremely unusual historical precedent, he argues: Bloomberg: “You’re not going to go a decade without having a b... Read Post
Ken Rogoff, an economics professor at Harvard, recently wrote a column accusing sports fans of hypocrisy because of their "blasé acceptance of the salaries of sports stars," when those same fans react negatively to the salaries and ... Read Post