Chicago's Moskow on education & economic growth

Central Banking staff
01 Nov 2006

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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

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