If you had $10,000 gathering interest in your brokerage account, would you buy shares of Sears? Actually, you couldn’t buy Sears since it’s no longer publicly traded, but in 1975 it was a blue chip. In 2000, it’s worth remembering that GE was the world’s most valuable company, Enron the smartest, and AOL the gold standard of the burgeoning internet economy.
Ok, what does U.S. business history have to do with an opinion piece about public versus private schools? The answer is nothing, and everything.
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