About
Content
Store
Forum

Rebirth of Reason
War
People
Archives
Objectivism

Sanctions: 6Sanctions: 6
Paypal Founder Pays Kids to Drop Out of College
Posted by Michael E. Marotta on 5/30, 5:24pm
"The Thiel Fellowship will pay would-be entrepreneurs under 20 $100,000 in cash to drop out of school. In announcing the program, Thiel made clear his contempt for American universities which, like governments, he believes, cost more than they're worth and hinder what really matters in life, namely starting tech companies. His scholarships are meant as an escape hatch from these insufficiently capitalist institutions of higher learning."

Slate article from Oct. 16, 2010 here:
http://www.slate.com/id/2271265/

Also WBUR Boston University Radio "Here and Now" with Robin Young May 27, 2011 interview  with Peter Thiel MP3 here. (Or goto  WBUR and search for Ms. Young, her show or Thiel.)

"A better metaphor is that we are in a deadly race between politics and technology. The future will be much better or much worse, but the question of the future remains very open indeed. We do not know exactly how close this race is, but I suspect that it may be very close, even down to the wire. Unlike the world of politics, in the world of technology the choices of individuals may still be paramount. The fate of our world may depend on the effort of a single person who builds or propagates the machinery of freedom that makes the world safe for capitalism." - Peter Thiel at  Cato Unbound here.

Discuss this News (5 messages) Sanction this itemEditFavorite