Chicago's Moskow on education & economic growth

In the speech 'Can higher education foster economic growth?' given on 30 October Michael Moskow of the Federal Reserve Bank of Chicago said there may be benefits to universities taking a more direct role in economic development in the United States.

"By embracing the application of knowledge to economic growth and social issues, the university is able to take a leading role in fostering growth and helping economies transition to knowledge-based industries," Moskow said.

The Chicago Fed chief cited

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