We provide the first empirical analysis of gubernatorial pay. Using US data for 1950-90 we document, contrary to widespread assumptions, substantial variation in the wages of politicians, both across states and over time. Gubernatorial wages respond to changes in state income per capita and...

We provide the first empirical analysis of gubernatorial pay. Using US data for 1950-90 we document, contrary to widespread assumptions, substantial variation in the wages of politicians, both across states and over time. Gubernatorial wages respond to changes in state income per capita and...

We provide the first empirical analysis of gubernatorial pay. Using US data for 1950-90 we document, contrary to widespread assumptions, substantial variation in the wages of politicians, both across states and over time. Gubernatorial wages respond to changes in state income per capita and...

Frontmatter -- CONTENTS -- Preface to the Paperback Edition -- Introduction: A Machine for Getting Stuff Done -- CHAPTER 1: The Outsider -- CHAPTER 2: Designing the Job -- CHAPTER 3: Putting Together the Organizational Puzzle -- CHAPTER 4: In Praise of Squelching Innovation -- CHAPTER 5: What...