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Mick Weinstein » Comments » Single Comment
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This addresses another problem entirely from the executive salary-cap at bailout recipients issue, so I don't see why the direct comparison. There's no reason to turn away from the former to consider the latter.
Oct 21 03:29 am
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All Comments by Mick Weinstein »Salary Caps and Driving Innovation: What the U.S. Can Learn from the NFL and NBA [View article]
Also, the markets for NBA draft picks and smart graduates are entirely different (former defined by extreme scarcity), and the NBA salary cap - the team-based cap as well - has a entirely different aim than what you're proposing.
Do you honestly want to end the open bidding market for young smart people out of school? If we have a problem now of Wall St taking all the best young minds, why should we make those young people pay the price by limiting their options?