Last month, VIDA published a tally
of male and female bylines at a variety of thought-leader magazines in 2010.
The results aren't pretty. At the Atlantic,
men outnumbered women by a three-to-one ratio. The New Yorker was only slightly better, and Harper's and the New Republic
were worse. Worst of all?
Dan Price, owner and chief executive officer of Gravity Payments, has cut his salary and given each of his employees a $70,000 wage. This move raises the salaries for more than half of the 120-person staff at his credit card processing company in Seattle. Many business leaders have criticized his move. Rush Limbaugh called it socialist, predicting the company would fail. Tim Kane, an economist at the conservative Hoover Institute at Stanford University, said, “It will reduce turnover, increase morale, and help him build an even greater company.” The day after the new wage plan was made public, Price received letters from 3,500 job applicants, and Gravity signed up several new clients (New York Times, April 19).