2.12: In the Meanwhile

Show Notes Chris and Stephen give three cheers for Dan Price, who voluntarily cut his own pay and raised the pay of his employees to a minimum of $70K a year. We discuss the nature of money, income inequality, how we can fix problems in non-governmental ways (sometimes, and in some ways), and about the limits of praise. We also inaugurate Mr. Price into the newly-founded Winning Slowly Hall of Fame amidst celebratory explosions. (No, really.) Before You Go SpaceX Rocket’s First Stage Crashes During Landing Attempt | Video by Thomas Friedman Music “Phoenix” by Laura Joy. Used by permission. “Winning Slowly Theme” by Chris Krycho. We considered adding an explosion just because of the Before You Go, but alas, time constraints. Links One Company’s New Minimum Wage: $70,000 a year by Patricia Cohen High income improves evaluation of life but not emotional well-being by Daniel Kahneman and Angus Deaton. The article that Dan Price read. Scripture about Gleaning: Leviticus 19:10 Costco CEO Craig Jelinek Leads the Cheapest, Happiest Company in the World by Brad Stone. Costco Public-benefit corporation Wikipedia page Rolling Jubilee Fight for $15 When Helping Hurts: Alleviating the Poverty Without Hurting The Poor…And Ourselves by Steve Corbett & Brian Fikkert Further Reading Praise and Skepticism as One Executive Sets Minimum Wage to $70,000 a year by Patricia Cohen Previously on the show 1.14: Buying Me Off With Warm Fuzzies—we talked about how corporations fund the arts. Follow/Subscribe Twitter: @winningslowly @chriskrycho @scarradini App.net @winningslowly @chriskrycho Subscribe RSS iTunes