Bob McTeer, former President and CEO of the Reserve Bank of Dallas, posted a collection of common sense economic wisdoms on his blog today. There are those on this forum who will not agree with Bob, but there is a lot of wisdom here so I am passing it on.
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.
full article:
Bob McTeer’s | Economic Policy | Bob McTeer | NCPA 
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