
Marina Krakovsky on the Middleman Economy
EconTalk
00:00
We're All Middlemen
I think people have a suspicion that there must be some exploitation going on if somebody who's, quote, not doing anything is making money off the rest of us. I mean, middlemen are sort of hidden in plain sight. And so certainly brokers and agents and dealers and salespeople fit the bill. But also people in non-obvious middleman jobs like wedding planners or people who are middle managers in a company Who are transmitting messages and coordinating the efforts of multiple people? These are also middlemen. If we really stop to think about what we do and the role that we play in our own social networks, we are all middlemen. The question really becomes, what value can we
Transcript
Play full episode