I’ve said for decades that we have a distorted economy and value system when we give greater rewards to people who make deals than to people who make stuff. The subpar performances of AT&T and the Obama Administration are just the tip of the iceberg. Even some mainstream journalists are beginning to notice. My racket, higher education, isn’t immune, either. These days, " It would seem that an entire bureaucratic village is required for a student to read and understand a book."