"Today, China and India, nanotechnology, the Internet and the human genome project, the BlackBerry and the iPod are the railroads of the 21st century that are changing the landscape of history. They are propelling us forward into a world in which whatever was optimal before is no longer so. From now on, history just isn’t what it used to be."
Richard W. Fisher
President and CEO of the Federal Reserve Bank of Dallas
Commencement address
Department of Economics
University of Texas at Austin
Backgrounder
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