was your next job after getting your PhD going directly to the Dallas Fed? I went to the Dallas Fed, yes. So what did that experience working for the Dallas Fed teach you? And how long were you there? When did you go again? You went during the end of McKinsey Martin's administration. I went in 69 and I left in 73. And it was very, very fortuitous because when I went to the Dallas Fed in 69 I was really the most conversant in monetary theory and history and macroeconomics. And I had built an econometric model of the euro dollar market. I knew Internet. My fields were macroeconomics and international economics and finance and mathematical and statistical techniques. And I was in a position to work pretty closely with the director of research at Dallas and the president of the bank. The president of the bank is a very distinguished agricultural economist, Dr. Phillip Coldwell. And Ralph Green was director of research. It was in due course I started advising them for the FOMC meetings. (9/41)
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