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VISIT TO MONTREAL OF ROBERT D. MCTEER, JR,
L'Album 1913
2002
May 30, 2002 A Status Report on the U.S. Economy: How is the Elephant Doing? Speech by Robert D. McTeer Jr., iedm.org/video
May 30, 2002 Productivity and Living Standards: Convergence or Divergence?
Round Table discussions with Serge Coulombe, University of Ottawa; Andrei Sulzenko, Industry Canada; Gordon Thiessen, Former Governor of the Bank of Canada; Paul-Arthur Huot, Quebec Manufacturers & Exporters; and the moderator: Dr. Hans Black, Interinvest Corporation.
May 2, 2002 New Economy's End? Not quite. This optimist says it's a thing of the future
Does the recession nonetheless spell the end of the New Economy? Robert McTeer, president of the Federal Reserve Bank of Dallas, doesn’t think so. He is among those who remain optimistic. Column by Michel Kelly-Gagnon, MEI's Executive Director, published in the May edition of the Montreal Business Magazine.
Thur Jan 31, 2002 bca
Positive Sector Implications Of A Strong Dollar The U.S. dollar remains on an upward march, which, if it persists, could have important sector performance implications. In relative terms, continued dollar strength would likely .....
TWO EVENTS
I. PRIVATE EVENING (WEDNESDAY MAY 29TH)
Dr. Mr. Robert McTeer proposed to use this private evening to discuss the intellectual heritage of Frédéric Bastiat (1801-1850). Frédéric Bastiat was a Français economist, legislator and writer who championed private property, free markets, and limited government. Mr McTeer’s presentation, to be followed by a discussion, would be entitled In Praise of a French Economic Revolutionary. Mr. McTeer recently published a text on Frédéric Bastiatin The Wall Street Journal (“In Praise of an Economic Revolutionary”, July 5 2001)
II. PUBLIC LUNCHEON (THURSDAY, MAY 30)
A Status Report on the U.S. Economy : How is the elephant doing? will be the title of his main speech in Montreal. He will discuss the current state of the U.S. economy and share his thoughts on its future.
BIOGRAPHICAL NOTE
Mr. Bob McTeer became president and CEO of the Federal Reserve Bank of Dallas in February 1991. As president of the Dallas Fed, he is a member of the Federal Open Market Committee, the Fed’s principal monetary policymaking body.
Mr. McTeer grew up in rural Georgia and received his Ph.D. in economics from the University of Georgia. He served on the Georgia faculty for two years before joining the Richmond Fed in 1968 as an economist. He took on management responsibilities in the early 1970s and served as an assistant to the bank’s president.
After spending the 1970s at the Richmond Fed, Mr. McTeer became manager of its Baltimore Branch in 1980, where he remained until coming to Texas in 1991.
Bob was also an adjunct professor at the University of Richmond and Virginia Commonwealth University during the 1970s and Johns Hopkins University in the 1980s. He also served on the faculty of several state and regional banking schools.
Since coming to Texas, Mr. McTeer has been a prolific writer and has maintained a heavy speaking schedule. You may find selected articles, speeches and even some poetry on the Dallas Fed’s web site at www.dallasfed.org.
Mr. McTeer is a strong advocate for free enterprise, and under his leadership, the Dallas Fed has become known as the "free enterprise Fed" and, more recently, the "New Economy Fed."
He is a past president of the Association of Private Enterprise Education, a national association of holders of chairs of free enterprise and other scholars who advocate free market solutions to public policy problems.
As president of the Dallas Fed, he is a member of the Federal Open Market Committee, the Fed’s principal monetary policymaking body.
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April 19, 2000 'Growth Comes Through Change and Causes Change' Economist
This being said, Mr McTeer would certainly be happy to use this occasion to
also discuss and respond to questions on the issue of dollarization. He
however would not be confortable with making it the main theme of the
evening. He specifically stated that in a message to us where he said it
would be presumptuous of him (as an official from the U.S. central bank) to
come to Canada and discuss the issue at great length, especially in public.
But informal exchanges of views on the issue would certainly be possible.
1/13/02 Prices haven't been going up much in recent years, but the Fed thought the
price tags were lying. Whom should we believe about inflation? A good choice
would be the farsighted president of the Dallas Federal Reserve, Robert D.
McTeer Jr., who quoted Pryor in arguing against the damaging rate hikes.
If inflation results from too much money chasing too few goods, McTeer asks,
why can't it fall when more goods chase the money? Why can't more goods be
as deflationary as less money? That's a good question for the economic press
to ponder before it blindly warns of economic overheating when healthy
economic growth returns.
Bogus economic wisdom almost always requires a disbelief in our own eyes.
Much of it is merely myth, explains a new book of essays from the Media
Research Center, titled "Dollars and Nonsense."
The writers expose as myth the concept that economic growth causes
inflation, that promiscuous government spending stimulates the economy, that
trade deficits are always bad, and the one Daschle is pushing, that income
tax cuts are costly. Full story
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