Robert D. McTeer

Robert D. McTeer is a fellow at the National Center for Policy Analysis since January 2007 [ [http://bobmcteer.com/about/bio.html "Bob McTeer"] : Retrieved on March 12 2008] .

Born in Georgia, he earned his B.B.A. and Ph.D. in economics from the University of Georgia where he was a member of the Phi Kappa Literary Society and taught there for two years before joining the Federal Reserve Bank of Richmond. He worked for the Fed for 36 years, including as president of the Federal Reserve Bank of Dallas from 1991-2005. As president of the Dallas Fed, he was known for his plain, jargon-free public speaking and telling stories about growing up in rural Georgia. He has stated that one of his goals is "to translate economic sense into common sense".

As a member of the Federal Open Market Committee on the Federal Reserve, he was considered "dovish" on inflation and was one of the most consistent opponents of raising the federal funds rate in the late 1990s. He has stated that he doesn't believe in the NAIRU and Phillips curve. [ [http://bobmcteer.com/news/unemployment.html "Low Unemployment Means Inflation? Dallas Fed's Robert McTeer Says No"] : "BobMcTeer.com" website. Retrieved on March 5 2008.]

He was succeeded as Federal Reserve Bank President by Richard W. Fisher.

On November 4 2004, he succeeded A. Benton Cocanougher as the chancellor of the Texas A&M University System [ [http://sago-news.tamu.edu/releases/?p=25 "McTeer Named Chancellor of The Texas A&M University System"] : Retrieved on March 12, 2008.] , until November 22 2006, when he was succeeded by Michael D. McKinney [ [http://sago-news.tamu.edu/releases/?p=210 "McKinney Named Chancellor of The Texas A&M University System"] : Retrieved on March 12, 2008.] .

He is a frequent economics commentator on CNBC's "Kudlow & Company".

References