Bill Gates Needs an Econ Course By John Stossel

"Dropping out of college didn't stop Bill Gates from making tons of money, but it kept him from classes where he might have learned about the beauty of spontaneous market processes.
Never mind. I forgot that he attended Harvard. He might not have learned about markets after all.

Gates spoke at Harvard recently, urging graduating students to take on the 'world's deepest inequities [including] world hunger ... the scarcity of clean water ... children who die from diseases we can cure'. All of us want those problems solved, and through their charitable foundation, Gates and his wife, Melinda, have certainly put their money where their mouths are. But Gates seems unaware that these problems can't be eliminated in the simplistic way he advocates."

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