I have seen [Betsy DeVos] present a few times. I don't really know her. But I have seen her present on education policy, and she's not a stupid person.

I think Romney's foreign policy is sensible.

It’s easy to see why politicians would be drawn to the populist pose. First, it makes everything so simple. The economic crisis was caused by a complex web of factors, including global imbalances caused by the rise of China. But with the populist narrative, you can just blame Goldman Sachs.

It’s only useful to ask, what wisdom have you learned from your misjudgments that will help you going forward?

I think as we interpret him and frankly as the world learns to interpret Donald Trump, are these just words that are enigmatic things floating on air or are they actually shifts in policy and will they change moment by moment, day by day without any underlying connection to the actual stuff of governance? I don't know.

Through American history, we have had populist movements that often, often, often have this ugly racial element. But, often, there are warning signs of some deeper social and economic problem.

Betsy DeVos is not the most informed person on education policy, but I have seen her present a few times, and she presents as a pretty respectable, intelligent person who has cared passionately about education and cares about charter schools.