A comparison between CEOs and the average worker seems like a perfect manifestation of the old cliché, “the rich get richer and the poor get poorer.” During the recent financial crisis, stories were commonplace of CEOs paying themselves millions as they drove their firms into the ground. Not only that, we constantly read that CEOs are out-earning the average worker by a sickening amount — and that this gap is on the rise. And of course those reporting on these alleged trends do so to further a specific agenda: shameless greed and salary disparity.

These were the most-read Mises Daily articles during the month of May 2015: 

1. Financial Warfare and the Declining Dollar by Ryan McMaken

2. Seven Changes Needed in Ferguson and Baltimore Right Now by Mark Thornton

3. Why Do We Celebrate Rising Home Prices? by Ryan McMaken

In his article “The Big Meh” Paul Krugman complains that despite all the information technology advances the effect so far has been negligible as far as economic growth is concerned.

In this essay from 2001, Lew Rockwell discusses what were then new mandates on banks to spy on all depositors and investors. Such efforts are now commonplace, of course, and have merged into the current war on cash.

Spy vs. Spy

by Lew Rockwell

In an interesting article at the NY Observer, Bernie Quigley suggests that the rise of Scottish nationalism (and the SNP’s victories in the most recent election) has led to a rise of English nationalism: 

UPDATE: See the follow-up article here.

In a recent methodological flare-up among economists, Paul Romer accuses Robert Lucas , among others, of “mathiness.”