Is it necessary to fund all persons 15-19 - be they high school students or "precocious" young people (following Thiel's "logic") who dropped out before they were eligible for college? Of course not, but there is a five order of magnitude gap between Thiel's $2,000,000 and the $400,000,000,000 it would take to apply it to the four million college students under the age of 20. [http://nces.ed.gov/fastfacts/display.asp?id=98]
The industry you mention relies on an educational process - i.e. the method employed by higher education. Your criticism is bereft of examples of such programs which have demonstrated results - never mind examples which scale.
With the Von Mises Institute a front nine away. I run into libertarian theories quite frequently. Usually it is more intellectually rigorous.
Comments
Is it necessary to fund all persons 15-19 - be they high school students or "precocious" young people (following Thiel's "logic") who dropped out before they were eligible for college? Of course not, but there is a five order of magnitude gap between Thiel's $2,000,000 and the $400,000,000,000 it would take to apply it to the four million college students under the age of 20. [http://nces.ed.gov/fastfacts/display.asp?id=98]
The industry you mention relies on an educational process - i.e. the method employed by higher education. Your criticism is bereft of examples of such programs which have demonstrated results - never mind examples which scale.
With the Von Mises Institute a front nine away. I run into libertarian theories quite frequently. Usually it is more intellectually rigorous.