Sublime

No one better demonstrated the virtues of American free enterprise—particularly the low-tax, low-regulation variety beloved by Reagan—than the high-tech entrepreneurs (“no older than you,” he reminded the students) who started out tinkering in suburban garages and ended up leading hugely successful computer companies.

The Ford Foundation was so committed to the enterprise that it established a separate nonprofit dedicated to the cause. “Learning is the new growth industry,” exulted its president, Harold Gores.