College today is an expensive option without a lot of economies of scale, right, when you go and live at a college. So you have a system that's increasing its cost base by probably five percent a year.
Men who accomplish great things in the industrial world are the ones who have faith in the money producing power of ideas.
After World War II, scientific research in the U.S. was well supported. In the 1960s, when I came to America, the sky was the limit, and this conducive atmosphere enabled many of us to pursue esoteric research that resulted in America winning the lion's share of Nobel Prizes.
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