Category: Bob McTeer

Forbes: The July job report shows signs of improving for the “right reasons,” says NCPA Distinguished Fellow Bob McTeer in a Forbes commentary.

Forbes: Denying the negative consequences of raising the minimum wage leaves supporters of the proposal vulnerable to “reduction ad absurdum,” says NCPA Distinguished Fellow Bob McTeer in a Forbes commentary.

Forbes: Comparative advantage doesn’t always lead to complete specialization, and trying to force total energy independence may not be economically sound, says NCPA Distinguished Fellow Bob McTeer in a Forbes commentary.

Forbes: Leaving seats empty on the Federal Reserve Board limits the ability of the board to institute change or propose fresh ideas, says NCPA Distinguished Fellow Bob McTeer in a Forbes commentary.

Forbes: The U.S. dollar is not threatened by benign neglect of the balance of payments, says NCPA Distinguished Fellow Bob McTeer in a Forbes commentary.

Forbes: If the Federal Reserve followed the ECB’s lead and reduced the interest it pays on deposits, it could encourage banks to lend or invest their reserves more aggressively, says NCPA Distinguished Fellow Bob McTeer in a Forbes commentary.

Forbes: Using the Keynesian framework can be useful in determining the recent performance of the economy in greater detail, says NCPA Distinguished Fellow Bob McTeer in a Forbes commentary.

Forbes: NCPA Distinguished Fellow Bob McTeer defines “the Ted spread” and what it means for the U.S. economy in a Forbes commentary.

Forbes: The DXY dollar index, the current system used to measure the strength of the dollar is a “mighty poor index” which only takes six currencies into account, according to a Forbes commentary by NCPA Distinguished Fellow Bob McTeer.

Forbes: Inflation has been low due to the slow growth in the money supply adjusted for velocity, not postponed in spite of bank reserves, says NCPA Distinguished Fellow Bob McTeer in a Forbes commentary.

Forbes: Higher wages don’t cause inflation alone, but they can be a factor, says NCPA Distinguished Fellow Bob McTeer in a Forbes commentary.

Forbes: Convincing the public that a little inflation is a good thing is going to be a tough sell for Janet Yellen, says NCPA Distinguished Fellow Bob McTeer in a Forbes commentary.

Forbes: NCPA Distinguished Fellow Bob McTeer says he is uneasy with the Federal reserve’s goal to raise the inflation rate in a Forbes commentary.

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.

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

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.

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.

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

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

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

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

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

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.

Forbes: The labor force participation rate fell to a modern record low in October, writes Distinguished Fellow Bob McTeer.

Forbes: Don’t take the United States’ third quarter GDP number at face value, writes Distinguished Fellow Bob McTeer.