Much of economics isn't difficult, or rather, the difficulty is in cooking up arguments to "prove" that commonsense conclusions are wrong. The fact is that many commonsense conclusions are quite correct, and it takes a lot of education to get you to believe different.

As a means of subsidizing lawyers the present nuclear regulation system is well designed - but is there not perhaps a cheaper way of rewarding legal diligence? It would probably be cheaper to give each law school graduate a guaranteed salary of $50,000 a year on the condition that he (or she) not practice law.

In any bureaucratic organization there will be two kinds of people: those who work to further the actual goals of the organization, and those who work for the organization itself. Examples in education would be teachers who work and sacrifice to teach children, vs. union representative who work to protect any teacher including the most incompetent. The Iron Law states that in all cases, the second type of person will always gain control of the organization, and will always write the rules under which the organization functions.

The definition of a Dark Age is that we no longer remember what we once could do.

A Dark Age is not just a period in which people no longer know how to do things. The real key is that people no longer remember that certain things can be done at all.

In any bureaucracy, the people devoted to the benefit of the bureaucracy itself always get in control, and those dedicated to the goals the bureaucracy is supposed to accomplish have less and less influence, and sometimes are eliminated entirely.[Pournelle's law of Bureaucracy]

What man has done, man can aspire to do.