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Tag Archives: free enterprise


Bob McTeer, former President and CEO of the Reserve Bank of Dallas compiled a list of economic wisdoms, reproduced here verbatim.

Bob McTeer’s Commonsense Economics

Several years ago the public affairs staff at the Dallas Fed undertook a project to create a little booklet with the title above containing what they regarded as nuggets of economic wisdom they found in combing through some of my speeches and writings.

That project was never finished. However, in digging up bones recently, I came across some of the quotes they had selected as a beginning. Here they are in case you are interested.

Job creation and job destruction are intertwined. They are both key elements Read More »