In the old days, people thought talking about money, particularly how much you earn, was unimaginably vulgar. But as anyone who has met a banker recently knows, those days are gone. It’s not just the minted who favour pay transparency; less loaded lefties do too - for social progress rather than social point scoring reasons. Letting the sunshine into the murky world of who earns what aims to tackle longstanding gender and race discrimination.
In the UK, this has involved requiring larger employers to publish their gender pay gap. The EU has agreed new rules that go further, requiring salaries to be disclosed on job adverts as already happens in eight US states. The Scandinavians publish all income tax records.
