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I don't think there is any serious evidence that we need to be paying people more than 100 times the average wage in order to get high-performing managers.

Thomas Piketty
Thinking, Average, Order
"French economist Thomas Piketty compares US economy to Europe in the Gilded Age". Interview with The Associated Press, www.oregonlive.com. April 23, 2014.
I don't think there is any serious evidence that we need to be paying people more than 100 times the average wage in order to get high-performing managers.