The Washington Post has an article here on Jones v. Harris Associates, the case on executive compensation argued today in the U.S. Supreme Court. I wrote the Cato Institute's amicus brief.
SCOTUS Blog has a recap on the oral argument. This is certainly disappointing (if unsurprising): "When it came time for the Solicitor General to argue, Assistant Curtis Gannon, embraced [the anti-free market approach] articulated by the Second Circuit in a case called Gartenberg. As did John Donovan, counsel for Defendants, who also embraced the Gartenberg test and expressly declined to defend [the pro-freedom approach] adopted by the Seventh Circuit."
It is precisely the cowardice of businesses who refuse to stand up for their right to the money they fairly earn that hands the default victory to enemies of economic freedom.
