The scale and scope of higher education in America was being shaped by the recognition that research -- the creation of knowledge --complemented teaching and training -- the diffusion of knowledge,

Alan Greenspan
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As I have said previously to this committee, because of the nature of the type of acceleration in productivity and dynamic change that is occurring in the American economy, my first priority would be to allow as much of the surplus to flow through into a reduction in debt to the public,

Alan Greenspan
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Keeping out competitively priced goods would materially lower our standard of living.

Alan Greenspan
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The hey day when a high school or college education would serve a graduate for a lifetime is gone, ... Today's recipients of diplomas expect to have many jobs and to use a wide range of skills over their working lives.

Alan Greenspan
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