Weekly news post (2021-02-1)
2 min read

Weekly news post (2021-02-1)

How to design CEO pay to punish iniquity, not just reward virtue

Talked about how firms are "clawbacking" money from their pervious CEOs for their misconduct or wrong business decisions.
Maybe deferrring CEOs' cash bonuses is a good way?

How to design CEO pay to punish iniquity, not just reward virtue
Firms are increasingly trying to make badly behaved bosses hand their earnings back

Bill Gates has a plan to save the world

Decarbonizing our power grid is of utmost importance now.
What we need right now may be a little "Nudge" from the governments to pormote clean energy.

Bill Gates has a plan to save the world
Tackling climate change, he says, requires governments and business to work together

What is the cheapest way to cut carbon?

Bill Gates suggested we impose "greem premium" on carbon emissions.
Making our buildins energy-efficient and cleaning our power girds may save lots of people's money.

What is the cheapest way to cut carbon?
Bill Gates is the latest to grapple with a thorny question

The Difference Between First-Degree Racism and Third-Degree Racism

First degree --- Calling someone the N-word
Second degree --- Opposing to anti-racism compaigns
Third degree --- Create disadvantageous conditions toward the minorities, hence blocking their future opportunities
Employers should reform their company's culture to avoid third degree of racism.

The Difference Between First-Degree Racism and Third-Degree Racism
Only when people align on what racist behavior looks like will we be able to take practical steps to make those behaviors costly.

China’s Nationality Law Is a Cage for Hong Kongers

Beijing is now denying the validity of BNO passport, which is held by many Hong Kong people.

China’s Nationality Law Is a Cage for Hong Kongers
Foreign passport holders risk being trapped in China by nervous authorities.