Here are some great excerpts from Newsweek 2006 special Issue, the Knowledge Revolution.

1. Given the ease with which capital can move to the smartest, most efficient, most reliable work force, having more skilled and capable workers than the next country becomes essential for attracting and holding the best jobs for the longest time. - Tom Friedman, author of “The World is flat: A Brief History of the Twenty First Century”.

2. The Popular Idea that America is one step smarter and more sophisticated than its rivals is a dangerous myth …. the United States not only has a deficit on commodities and cheap manufactured goods, it also has a deficit on agricultural products and high tech products…. From a surplus of $30 billion in 1998, the high tech trade currently runs at a deficit of $40 billion. - Clyde Prestowitz, president of Economic Strategy Institute.

3. We have to understand that competition can’t be shut out. In the end, it can only be beaten…. Success will go to those companies and countries which are swift to adapt, slow to complain, open and willing to change. - Tony Blair, UK Prime Minister

4. Amid a great information explosion, the share of knowledge that the world puts to good use is falling. History tells us this will end badly. - Danny Quah, professor of economics at London School of Economics.