_Maybe_ I could change careers and be an engineer and make as much of them, but I wouldn’t want to. I’m a manager because I like being a manager. It’d be a QoL decrease for me to be an engineer just for the money.
It can, managing is (should be) a collaborative effort. It only is a problem if the manager manages in a non collaborative forceful top down manner.
It's all a question about communication skills.
Like in some sports you will find top players earning multiple times of what their trainer earns, and potentially having enough influence to get their trainer fired. They work together with the trainer for optimal results.
Similar enough wealthy people hire fitness trainer, or people which manage their cullender, schedule, appointments and might even majorly decide career directions. And it still works even through the person in power is the person being managed.
Google translate says "cool calendar" which seems ... wrong?
But to your point, the lunatics always feel like they are the “normal ones”
Also, developers are often not skilled enough to hide their “lunacy” and they are sincerely open about it. Managers are more skilful at hiding malice, incompetence, pure wish for power, that makes them more harmful for a company.
What could go wrong?
Management of technical teams is not a one sided operation, it’s not us vs them. You are beholden to those you manage, as well as your leaders above you (actually, more so). Sometimes the motivations of those two groups can be seen to be in conflict. You have to be an effective advocate for both. The problem I have seen with many engineers who try to make that transition, is that they think they job is to be an advocate for their engineers they manage. They forget the other 50% of their job…which is the 50% that is actually the most important to their livelihood.