University of California-Berkeley professor Robert Reich has often complained about the high pay of CEOs.
Reich, who was the U.S. Secretary of Labor from 1993 to 1997 under President Bill Clinton, put out a Feb. 25 tweet where he bemoaned the rising pay of CEOs in the U.S.
In 2011, Reich made $176,425 base pay and $235,791 total compensation.
In 2019, Reich made $249,533 base pay and $300,354 total compensation.
According to California-Berkeley, Reich taught one class in the fall of 2020, called “The Political Economy of Inequality” that was remote only and lasted two hours and was once a week.
In the upcoming spring of 2021 semester, Reich is scheduled to teach two online-only classes once a week called “Wealth and Poverty” that last two hours.
Michigan Capitol Confidential is the news source produced by the Mackinac Center for Public Policy. Michigan Capitol Confidential reports with a free-market news perspective.