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Article: The Revolution Has Just Begun.(Dallas Fed President Bob McTeer)
- Article from:
- The International Economy
- Article date:
- November 1, 2000
- Author:
CopyrightCOPYRIGHT 2000 International Economy Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The International Economy sat down with Dallas Fed President Bob McTeer, an early and outspoken apostle of the New Paradigm. He talks about the economic outlook, his critics, and possible troubles ahead for the New Economy.
TIE: You were among a group of central bankers who suggested there was a new dynamic at work in the economy. What are your views of the great productivity New Paradigm debate?
McTEER: I'm not sure there were any great revelations. I was making speeches using the term "new paradigm," and talking about technology and the "third wave" and all that, in '97. I know I gave a couple of graduation speeches in '98 entitled, "Graduating Into ...