Why Haven't They Been Fired?
By Bryan Caplan
1. What fraction of your co-workers are paid 125% or more of their true marginal product?
2. What fraction of these overpaid/incompetent co-workers can you personally identify?
3. Has the boss failed to fire these overpaid/incompetent workers because he doesn’t know what you know – or what?
Feel free to answer anonymously in the comments. In fact, I recommend it.