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?
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.
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.
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.
John Rice
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.
Kris Cheng