What I Learned This Week

Stagnant wages are stirring populist anger and making "CEO" a dirty word.

Earlier this month, Jeff Bezos posted a Ralph Waldo Emerson quote to Twitter, writing: “Love this quote. It’s been on my fridge for years, and I see it every time I open the door. #Emerson.” The quote reads: “To leave the world a bit better, whether by a healthy child, a garden patch, or a redeemed social condition; To know even one life has breathed easier because you have lived. This is to have succeeded.” The backlash from the Twitter mob was swift. “Beautiful passage. Pay your employees a living wage, Jeff,” one user tweeted. Another replied with a link to a news story: “Amazon puts 7,000 jobs on hold because of a tax that would help Seattle’s homeless population.” A third said: “Here’s…

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