Digits and widgets (with reference to a wise mother, the Golden Book Encyclopedia, Winston Churchill and Hunter Lawrence)

Richard W. Fisher

No 2, Speeches and Essays from Federal Reserve Bank of Dallas

Abstract: \"In the world of \"superfine processes\" of the Knowledge Age, digits are the new widgets. The brain is to the Knowledge Age and the mastery of digits what the engine was to the Manufacturing Age and the management of widgets. Education is the steam and the oil and the gas that propel that engine. The speed at which we move our economy forward from this point onward will depend on how well we educate our children.\" ; Remarks before the Austin Chamber of Commerce's 4th Annual State of Education in Austin Conference; Austin, Texas; December 8, 2009.

Keywords: Education, Higher - Economic aspects; Texas; Universities and colleges; Service industries (search for similar items in EconPapers)
Date: 2009
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