Gov. Jerry Brown on Executive Pay at the University of California & Many Other Topics
At the University of California (UC) Regents meeting of Jan. 17, 2013, Regent Leslie Tang Schilling asked Gov. Brown not to protest about UC executive pay. The state portion of executive pay can be capped, she seemed to agree, but the Regents should then be free to raise private donations for increments of pay above the state portion. She argues that UC will need high-quality leadership and must be free to compete for talent. She expresses skepticism about psychic income. Brown responds at length with a learned discourse ranging from his one-time vow of Jesuit poverty to the history of…