Wednesday, September 19, 2001
7:30 a.m. |
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Senior Vice President and Chief Economist
Federal Reserve Bank of Dallas
"Technology: How it is affecting our region"
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 W. Michael Cox is senior vice president and chief economist at the Federal Reserve Bank of Dallas. He advises the Bank president on monetary policy and economic issues, and heads the free enterprise research group.
Cox authors the Bank's annual report essays on rising American living standards and the new economy. These reports have received extensive attention from leading publications, including the Wall Street Journal, New York Times, USA Today, Los Angeles Times, Forbes, Fortune and Business Week, which reach an audience of over 200 million. He is a regular contributing columnist for Investor's Business Daily and the Internet-based think tank, IntellectualCapital.com.
The media rely on Cox's ability to make plain sense out of difficult economic issues. He is a frequent guest on national radio, television and Internet programs, including CNN, Voice of America and National Public Radio. He appeared on John Stossel's ABC program "Is America #1?"
Cox believes today's economy is transitioning to a new era—a so-called new paradigm. He battles economic doomsayers in his book, Myths of Rich and Poor, nominated for a Pulitzer Prize. His understanding of technology's importance in the free enterprise economy of tomorrow inspired a Wired magazine interview to name him a "Prophet of Boom."
As president of the Association of Private Enterprise Education, Cox actively promotes market solutions to economic problems. He collaborates with other proponents of free enterprise through his positions as CATO Institute adjunct scholar and National Center for Policy Analysis senior fellow.
University students make up one of Cox's favorite audiences. He has taught economics at Southern Methodist University since 1985. His 23 years of university teaching also include Virginia Tech, the University of Rochester and the University of Western Ontario.
Cox received his undergraduate degree in business and economics from Hendrix College and his Ph.D. in economics from Tulane University.
Selected Work in Dallas Fed Publications
Annual Report Essays
"Have a Nice Day! The American Journey to Better Working Conditions ," with Richard Alm, 2000 Annual Report.
"The New Paradigm," with Richard Alm, 1999 Annual Report.
"The Right Stuff: America's Move to Mass Customization," with Richard Alm, 1998 Annual Report.
"Time Well Spent: The Declining Real Cost of Living in America," with Richard Alm, 1997 Annual Report.
"The Economy at Light Speed: Technology and Growth in the Information Age and Beyond," with Richard Alm, 1996 Annual Report.
"By Our Own Bootstraps: Economic Opportunity and the Dynamics of Income Distribution," with Richard Alm, 1995 Annual Report.
"The Service Sector: Give It Some Respect," with Richard Alm, 1994 Annual Report.
"These Are the Good Old Days: A Report on U.S. Living Standards," with Richard Alm, 1993 Annual Report.
"The Churn: The Paradox of Progress," with Richard Alm, 1992 Annual Report.
Other Dallas Fed Publications
"The Churn Among Firms," with Richard Alm, Southwest Economy, January/February 1999.
"Income Taxes as Reciprocal Tariffs," with David M. Gould and Roy J. Ruffin, Economic Review, Third Quarter 1998.
"The Upside of Downsizing," with Richard Alm, Southwest Economy, November/December 1996.
"What's Happening to Americans' Income?" with Beverly Fox, Southwest Economy, March/April 1995.
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