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Bob McTeer

Bob McTeer is a distinguished fellow at the National Center for Policy Analysis (NCPA), a nonpartisan market-oriented public policy institute. McTeer covers macro-economic issues, including monetary and fiscal policy, tax and education reform.

McTeer held a 36-year career with the Federal Reserve, including 14 years as president of the Federal Reserve Bank of Dallas. During the 1970s, he was an economist and official of the Richmond Fed and ran the Baltimore Branch during the 1980. As president of the Dallas Fed, Bob became known as something of a maverick because of his policy dissents and plain-spoken views. The press dubbed him the “Lone Star Loner” and the “Lonesome Dove.”

McTeer also taught economics at several universities, including 10 years at The Johns Hopkins University.

He retired from the Dallas Fed in 2004 to become chancellor of the Texas A&M University System. As chancellor, his main contribution was amending the faculty tenure system to include the commercialization of faculty research, including the formation of businesses, the first such reform in the nation.

McTeer is a frequent writer for the Wall Street Journal, Forbes.com and has blogged for the New York Times. He is a frequent guest on financial news shows such as CNBC. He is past president of the Association of Private Enterprise Education, a national association of chairs of free enterprise and other market-oriented scholars.

McTeer has a Ph.D. in economics from the University of Georgia and an honorary doctorate from Austin College.