The more excessive salaries are publicized, the higher they go

Many of us dread the monthly credit card statement and plan, maybe, for a leaner month. But for CEOs such as Persimmon’s Jeff Fairburn, who was recently awarded a bonus of almost £110m, “it will still feel like Christmas”. The same goes for lavishly rewarded university vice-chancellors and the handful of GPs identified as earning …

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Aristotle and self-interest

Aristotle believed that happiness was central purpose of human life and a goal in itself. That is, happiness depends on the cultivation of individual virtues, including physical as well as mental well-being. He argued that virtue is achieved by maintaining the Mean, which is the balance between two excesses. Aristotle is a main advocate of …

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