Do You Make Too Much Money?

We live in a most special world where the sheer magnitude of absurdity in economic theories seems to have no bounds. In recent news, Investopedia, self-proclaimed global leader in financial content, featured a headline:

Federal Reserve Officials Are Worried You’re Getting Paid Too Much

Citing the Fed’s latest board minutes, Investopedia elaborates:

JLS: José Osvaldo de Meira Penna on Brazil’s Paternalistic State

ABSTRACT: The purpose of this article is to investigate the intellectual influences of José Osvaldo de Meira Penna’s arguments on the origins of the Brazilian paternalistic state. As a classical liberal, Meira Penna is easily connected to different schools of thought such as the Chicago, Virginia, and Austrian schools. In his book, O dinossauro, Meira Penna argues that Brazil’s paternalism stems from past constructivist ideas that were imported into the country.