Three Seas Forum

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Is Education the Magic Bullet? posted 14 February 2006 in Philosophy DiscussionIs Education the Magic Bullet? by unJon, Auditor

Education is always beneficial but will never be an ultimate, stand alone solution. Even educated people make heuristic based mistakes such as framing errors and unrealistic optimism. See the immense economic literature of Prospect Theory.

Also, as long as people are self-interested there will be a need for regulation to prevent negative externalities. view post


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