"Some of the individual hospital CEOs covered in the study saw their salaries increase by more than 700 percent in just a few years, while doctors and nurses got a fraction of that salary increase, 15 to 20 percent, across an entire decade." https://www.vox.com/policy/2023/2/24/23610762/hospital-ceo-nurses-salary-study-north-carolina
Reminds me of Uwe E. Reinhardt's thoughts on how decreasing physician salaries would not help lower healthcare costs: https://www.nytimes.com/2007/08/05/opinion/l05doctors.html
#healthcare #labor #IncomeInequality
From the description:
"Income and wealth inequality are two of the most debate issues in the world of economics. In this video we look at some of the most equal countries in the world to see what they are doing right."
#IncomeInequality #EconomicsExplained #GiniCoefficient #TheMostEqualCountry #Economics
#IncomeInequality #economicsexplained #ginicoefficient #themostequalcountry #economics
Massachusetts looks set to become the first state to levy a "millionaire's tax," a 4% surcharge on incomes over a million dollars a year. Massachusetts currently has a flat tax rate of 5%, regardless of income. #IncomeInequality