I used to say that Congress should be a minimum wage law. However, I have revised that view. I think Congress, as well as the heads of various Federal instituti

I used to say that Congress should be a minimum wage law. However, I have revised that view. I think Congress, as well as the heads of various Federal institutions that have defacto rulemaking power, should be paid handsomely, but they should also be prohibited from having any business dealings other than as a simple purchaser of goods and services during their terms of office. It should be a Federal crime for them to acquire any capital that isn't their paycheck, while they hold office. And we should pay them well enough that they don't need to have any business dealings to live a comfortable life.