Bill Gates recently talked with Jason Riley about what his foundation has learned after investing some $5 billion in education philanthropy.
The experience has been sobering. “It’s hard to improve public
education,” says Gates. “That’s clear. As Warren Buffett would say, if
you’re picking stocks, you wouldn’t pick this one.”
What does work? Gates believes that we don’t know. The foundation is now
trying to find out. “I believe in innovation,” says Gates, “and that
the way you get innovation is you fund research and you learn the basic