[erosenbe0]

Very true. But--Economic scales and incentives are artificial and must be tuned. For example, the USA has a badly regulated medical system that refuses to train doctors efficiently, so medical care is overpriced. 18 year-olds who want to become doctors go to college for like 36 weeks a year with maybe four or five hours of instruction a day. Massive waste of human potential. The legal system is very bad as well. Two graduates from different schools with the same score on the bar receive compensation varying by a factor of 3x dependent on where their degree was obtained. Going to Harvard law is indicative of having connections and the cognitive potential to engage in lucrative schemes well into the future, not actual skill. This does not happen in a country with an efficient legal system, like Germany.