Dallas Fed's McTeer: Topspin

In a speech on 'Topspin' given on 30 May, Bob McTeer of the Federal Reserve Bank of Dallas said we are all very lucky to be part of an economy still based largely on the economic and political ideals of Adam Smith and Thomas Jefferson. That ideal being individual liberty and freedom.

I think someone above must have had a plan, or at least a moment of irony, when he had Thomas Jefferson write the Declaration of Independence and Adam Smith write the Wealth of Nations both in 1776.

Capitalism and

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