One reason why entrepreneurs are admired is that they often take on a degree of risk in launching a new business.

The vast majority of small business owners want nothing to do with figuring out a website. They are neck-deep in their business trying to keep it going.

The professors at Harvard are smarter and more world-renowned, and so your child will learn from a pre-eminent scholar who is a leader in his or her field. Some of Harvard's professors are even famous.

Professional services industries like finance, consulting, and legal services are, by definition, meta-industries. That is, they serve to help large companies raise money, buy and sell each other, reorganize, implement new systems, conduct complex transactions, and so forth.

FOMO (fear of missing out) is the enemy of valuing your own time.

Online education and technology are doubtless going to change how we learn in the years ahead. Remote learning is inexpensive and brings down the cost of near-universal access.

Income taxes are very poor at generating income from automation because the gains are realized by technology companies that are experts at not paying taxes.

Our young people desperately want the chance to participate in and lead our nation's economic and cultural revival. They're up for the challenges that they're going to inherit. It only remains for us to present the path to address them.