Katherine Mangu-Ward Discusses CEO Pay on CNBC's Closing Bell

"The thing that makes me nervous is the idea that somehow there is a magic ratio between what the CEO earns and what the janitor earns and that government… can dictate it," says Katherine Mangu-Ward, Reason managing editor. Mangu-Ward discusses whether high CEO pay is ethical on CNBC's Closing Bell.

Airdate: September 12, 2013

About 6 minutes.

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