Derek Bok Discusses "The Cost of Talent."
Former president of Harvard Derek Bok. In his new book, "The Cost of Talent: How Executives and Professionals Are Paid and How It Affects America" (Free Press), BOK argues that the rich shouldn't be so much richer. He says that huge salary gaps result in social and economic losses, "jeopardiz[ing] democracy by weakening faith in the economic system". Bok was the president of Harvard University from 1971 to 1991. He has written five other books.
Other segments from the episode on November 29, 1993
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