Blog
Four reasons to “Occupy Wall Street”
20th October 2011
After my (admittedly slightly cynical) post earlier this week about the Wall Street protests, I came across four charts which go a long way to explaining the frustration that many people have with the current system.
The four charts look at profits, unemployment, growth in wages as a % of the economy and of course CEO pay packets. I have included the comparison of CEO’s pay to other indicators below, and all of the of the charts can be seen on the Business Insider website here.
And a hat-tip to former student Jack Tolley for posting this on his Facebook page for me to see. Always warms the heart when ex-students are posting economics related information rather than pictures of themselves after having consumed demerit goods!