Yes. And a small group watching a large group can get by with higher pay if they are sufficiently talented.
This is not to say that I endorse a world where large regulatory bodies take all the profits from the regulated and pay themselves salaries, just that this article is a little misleading.
This is not to say that I endorse a world where large regulatory bodies take all the profits from the regulated and pay themselves salaries, just that this article is a little misleading.