2min chapter

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#23 The New New Thing: A Silicon Valley Story

Founders

CHAPTER

The Engineers and the Price System by Michael Lewis

In 1921, Veblenz predicted that engineers would one day rule the US economy. He didn't much care for financiers and captains - he thought they were parasites. Clark drops out of high school but then winds up going to the Navy. He gets a degree, then an PhD and then another master. I think he has a PhD in Computer Science and a Masters in Physics. The power is shifting to the engineers who can create the companies. That's only as it should be.

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