> and you need more of it the farther from that you want to be. Obviously there's some optimum amount of coordination and allocation of resources. There's an

> and you need more of it the farther from that you want to be. Obviously there's some optimum amount of coordination and allocation of resources. There's an upper bound on how much is useful, though. I worry that we're creating more and more empty administrative and make-work middle management work, especially in many sectors. Look at higher education, and what it costs these days (as a society and individually). But there's fewer senior actual "production" faculty and researcher jobs around per capita, and the compensation for them has significantly fallen in real value. An administrative and management class has captured a huge portion of the value to questionable benefit. It's most clear there, but I worry that we're dedicating too many resources to middle management and excessively clever intermediaries.