Michael Cox


W. Michael Cox is founding director of the O’Neil Center for Global Markets and Freedom at Southern Methodist University’s Cox School of Business.  The focus of the O'Neil Center is the study of the impact of competitive market forces on freedom and prosperity in the global economy.

Dr. Cox is formerly Chief Economist and Senior Vice President of the Federal Reserve Bank of Dallas, where he served for 25 years advising the President on monetary and other economic policies.  He holds the unique distinction of being the Federal Reserve System’s only Chief Economist in history. 


America in the Age of Disruptive Technologies: A Tale of Two Economies

The U.S. economy today is showing two radically different faces.  On one side, the statistics portray an economy that’s sluggish and gloomy, with GDP growing at just over 1 percent, wages stagnant and job creation slow.  In contrast, the view from daily life is exciting and optimistic, with a constant flow of innovations transforming life as we know it.  How can we resolve the conundrum and which view is right?

“Good News:  America is Better Off Than You Think”

It’s popular today to portray America as a country in decline—past the hump in the rise and fall of nations.  This presentation challenges the gloom and doom view of America and provides the evidence to prove that we’re still rising quickly upward.

“The Imagination Age: Fourth Wave of Disruptive Change”

America is in the tumultuous phase of the capitalist growth cycle, the same as has happened several times before as our nation transitioned from one Economic Age to another.  Disruptive technologies (such as railroads, electricity, the microchip and the Internet) bring creative destruction where fortunes soar for many, but not for all.  Those left outside the “winning circle” become disenchanted with the capitalist process and seek protection from change. 

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KEYWORDS: Free Market Economist, Macro Economist, Economic Policy, Economic Forecast, Policy Analysis, Innovation, Economy, Economic issues, Technological change, Federal Reserve Bank, Professor, Macro economics, Federal Reserve Bank Chief Economist