“I strongly believe that the best economic policyfor any administration is the one that seeks to produce more entrepreneurs,not just more minimally educated college graduates withnowhere to go. Nothing against recent college graduates, but manyof today’s best universities are no longer providing the basics of aclassical liberal education.That is why the single most important economic issue of ourtime—and one that impacts the poor and middle class alike—will behow we treat the entrepreneurs and wealth creators among us, fromboth the government and the private-sector viewpoints.”

“I was sitting with the rest of my college graduating class listening to the commencement speaker prepare us for life after graduation, and he had a lot of ground to cover because my liberal arts education had skirted the issue for 4 years. I was just waiting for them to call my name so I could go up, collect my diploma, fold it into a paper hat, and start flipping burgers at McDonalds.”

“I don't believe in colleges and universities. I believe in libraries because most students don't have any money. When I graduated from high school, it was during the Depression and we had no money. I couldn't go to college, so I went to the library three days a week for 10 years.”

“The government decides to try to increase the middle class by subsidizing things that middle class people have: If middle-class people go to college and own homes, then surely if more people go to college and own homes, we’ll have more middle-class people. But homeownership and college aren’t causes of middle-class status, they’re markers for possessing the kinds of traits — self-discipline, the ability to defer gratification, etc. — that let you enter, and stay, in the middle class. Subsidizing the markers doesn’t produce the traits; if anything, it undermines them.”

“The “some college,” “four-year college graduate,” and “no college” types who have high incomes often had a head start on many well-educated workers.”

“If it is about education, then all who are college graduates should be wealthy, but we know that there are many highly educated, highly qualified, and highly experienced people who just manage to scrape by, if at all.”