Sometimes education can be very satisfying, not necessarily institutionally but just by way of reading and learning. I was thinking back to a couple of years and wondering on what basis I held a whole bunch of my beliefs. Most of those have now been turned on their heads.

Little knowledge is not necessarily dangerous, but a relatively fuller education does have its distinct advantages. Here are are some ideas/concepts/notions I now (long dissertation coming up) wish I’d known before or at least alongside the idea of market failure, monopoly, cost-benefit analysis and Pareto efficiency, property rights and all the other stuff I thought I knew about.


There are probably a gazillion more. So much for always having been “bright”!