Paying players pays

Is Stephen Curry actually worth more than $30 million a year? How about Lebron James, Russell Westbrook or James Harden? Five Thirty Eight make a pretty good case that NBA superstars are generally underpaid, relative to what they would earn in an open market. But that analysis is based on their impact on the court. […]

It’s about fairness, not equality.

"…there is no evidence that people are bothered by economic inequality itself. Rather, they are bothered by something that is often confounded with inequality: economic unfairness." This is from a paper published in Nature. "Drawing upon laboratory studies, cross-cultural research, and experiments with babies and young children, we argue that humans naturally favour fair distributions, […]

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