Pratap Chatterjee — The New Robber Barons: How Taxpayers Subsidise CEOs’ Multimillion Salaries
Lanai, a tiny resort island in Hawaii, has 18 miles of secluded beaches, no traffic lights and a population of just over 3,000. This summer, Larry Ellison, the CEO of Oracle, a California-based software company, bought 98% of the island for a sum reported to exceed $500m. The Institute for Policy Studies, …