His essays are enough to get anyone psyched about mortgaging their house and putting the proceeds into a startup. I'm with him on this one, all the way up until the penultimate paragraph:
"No one likes the transmission of power between generations—not the left or the right. But the market forces favored by the right turn out to be a better way of preventing it than the credentials the left are forced to fall back on."I'm sorry, what? I think his editor needs to work a bit harder. The essay was fine without this baseless dig at the left. We all know that the right would never use credentials to get what they wanted. Please. Both sides use credentials, both sides make startups. Unnecessary commentary in an otherwise interesting piece.