Some people argue that we should not allow nonprofits to pay people the same kind of money that “greedy” corporations pay people because more money does not buy you more talent and does not incentivize people to produce more. To this I say, you cannot simultaneously argue that corporations are greedy profit-seekers AND that the profit they forego by paying higher salaries is wasted. Either they do not care about profits, or the profits they forgo by paying people higher salaries buys them more value.

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