5 ms·
I haven't read the link but I assume it means something like: The institutions do not have ownable shares that can be traded, and so ownership of the institutio
by beaner 6y ago
I haven't read the link but I assume it means something like: The institutions do not have ownable shares that can be traded, and so ownership of the institution itself is not a profit-seeking endeavor (is it even "owned" at all?), but salaries are uncapped and so being employed by it can be?
- csharptwdec19 6y agoThere's more nuance to it but those are the basics. Mind you, there are extra book-keeping rules. For instance, the highest salaries at an institution (and I believe salaries over a certain amount) and who is making them must be publicly disclosed.