NCPA Commentaries by Bob McTeer

Bob McTeer is a Distinguished Fellow at the National Center for Policy Analysis (NCPA), covering macroeconomic issues, including monetary policy, fiscal policy, tax and education policy

Bob is best known for his 36-year career with the Federal Reserve System, including 14 years as President of the Federal Reserve Bank of Dallas and member of the Federal Open Market Committee (FOMC).

  • Apr 05, 2014

    Lies, Damned Lies, GDP, CPI, Etc.

    Forbes: NCPA Distinguished Fellow Bob Mcteer Says Federal Reserve Chairman Janet Yellen’s focus on the Fed’s inflation target is worrisome in a Forbes commentary.

  • Feb 22, 2014

    The Fed Transcripts

    Forbes:  NCPA Distinguished Fellow Bob McTeer discusses the release of the FOMC transcripts and his time at the Federal Reserve in a Forbes commentary.

  • Feb 05, 2014

    Is ObamaCare the New Gasoline Price Tax?

    Forbes: There is no silver lining to the expected insurance premium increases in 2015, cautions NCPA Distinguished Fellow Bob McTeer in a piece for Forbes. Health insurance is a necessity, says McTeer, and increased spending on it will depress other spending.

  • Feb 03, 2014

    A Good GDP Tradeoff: Net Imports Up; Government Spending Down

    Forbes: The sharp decline in federal government consumption and investment and the increase in net exports caught the attention of NCPA Distinguished Fellow Bob McTeer. In a piece for Forbes, McTeer says he is pleased by the shift, even if it isn’t getting much attention.

  • Dec 31, 2013

    Stock Predictions for 2014

    Forbes: Distinguished Fellow Bob McTeer considers stock market predictions going into the New Year.

  • Dec 25, 2013

    The Evolution of the Fed at 100 Years

    Forbes: Distinguished Fellow Bob McTeer details the role of the Federal Reserve during the Great Depression.

  • Dec 23, 2013

    The Fed At 100: So Why Did They Call It The 'Federal Reserve' System?

    Forbes: Where did the Federal Reserve get its name? Distinguished Fellow Bob McTeer explains.

  • Dec 22, 2013

    The Broken Windshield Fallacy

    Forbes:  Distinguished Fellow Bob McTeer explains the concept of the “broken window fallacy.”

  • Dec 05, 2013

    GDP: 3.6 Percent Is Better Than 2.5 Percent, I Guess

    Forbes: Distinguished Fellow Bob McTeer explains how inventory accumulation can lead to an increase in GDP.

  • Nov 25, 2013

    Remembering JFK

    Forbes: Distinguished Fellow Bob McTeer reflects on President Kennedy’s famous “Ask not what your country can do for you; ask what you can do for your country” speech.