Bob McTeer - Purity, Obscurity and the Slaves of Defunct Economists

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We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Maryland Retirement . Bob McTeer is a distinguished fellow at the National Center for Policy Analysis and had a 36 year career with the Federal Reserve including 14 years as president of the Federal Reserve Bank in Dallas. Dr. McTeer discusses the Panic of 2008 and the Recession of 2009 in the context of ideological purity versus practical reality. They say there are no atheists in foxholes. What about Libertarians in financial panics? Can a new economy survive our old hang-ups?

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