In the fourth grade my history teacher gave us a project: Why was the auto industry located in Detroit Michigan? I didn't know I was going to be an economist but I knew I was going to do something that was involved in answering questions like that one because I thought that was a fascinating question.

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I think I've got my business notions and my sense for that sort of thing from my dad. My dad never had a chance to go to school. He couldn't read and write. But he was so smart. He was just one of those people that could just make the most of anything and everything that he had to work with.