Why go to school?

Bill Gates dropped out of college and he’s doing OK. TCS is asking about Suffering Schools Gladly.

Economist David Henderson in his book The Joy of Freedom: An Economist’s Odyssey asked how it could be that our educational system is generally so weak and yet our economy continues to hum along. His answer: “Schools do not have a monopoly on learning.”

What many successful entrepreneurs learn is that school is not where they learn what they need to succeed. There is a lot of FUD-mongering about the need for formal education to keep the economy strong and for individuals to have excellent jobs. The reality is somewhat different.

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