Summers on Thiel Fellowship, Main Street on Yellen, Biggest Chinese Restaurant: Oct. 14

Illustration by André da Loba

Larry Summers called Peter Thiel’s program to fund young entrepreneurs who drop out of college the “single most misdirected bit of philanthropy in this decade,” Gregory Ferenstein reports. [TechCrunch]

Gabrielle Karol polls Main Street business owners on Janet Yellen, whom President Obama said he would nominate to chair the Federal Reserve. [Fox Business]

The Copyranter has photos from 10 clever local marketing campaigns. [BuzzFeed]

Five kitchens and 300 chefs. A look inside the world’s biggest Chinese restaurant. [Bloomberg Businessweek]

President Obama recorded a video message to attendees at the Global Entrepreneurship Summit in Kuala Lumpur (video). [YouTube]

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