Applaud All Market-Made Millions

Source: EconLog
by Christopher Freiman

“In the NFL offseason, star running back Saquon Barkley signed a $40 million contract extension with the Philadelphia Eagles. Make no mistake, he earned it after rushing for 2,005 yards in the regular season and helping to bring another Lombardi Trophy to Philadelphia. I’m not alone in thinking this. As one sports writer put the point, ‘He deserves it … Barkley is easy to root for, not only because he can jump backward over people, but also because he works hard, he’s kind, and he’s a great teammate.’ Rarely does anyone argue that it’s morally wrong for a football player, or other performer, to earn tens of millions of dollars. But if a CEO earns the same amount, it’s greed, exploitation, or a symptom of the ills of late-stage capitalism.” (11/11/25)

https://www.econlib.org/econlog/applaud-all-market-made-millions/