Allan H. Meltzer

The Allan H. Meltzer University Professor of Political Economy

PHONE

412-268-2282

OFFICE

POS - Posner Hall - Room 257D

AREA OF EXPERTISE

Economics

EDUCATION

University of California-Los Angeles - Ph D - 1958
UCLA University - MA (Economics) - 1955
Duke University - BA - 1948

TEACHING AND RESEARCH INTERESTS

Monetary theory, Policy, History. Size of government, Capitalism.

BIOGRAPHY

Allan Meltzer is a distinguished visiting fellow at the Hoover Institution and the Allan H. Meltzer University Professor of Political Economy at the Tepper School of Business at Carnegie Mellon University. He has been a visiting professor at Harvard, the University of Chicago, the University of Rochester, the Yugoslav Institute for Economic Research, the Austrian Institute for Advanced Study, the Getulio Vargas Foundation in Rio de Janeiro, and the City University, London. He has served as a consultant for several congressional committees, the President's Council of Economic Advisers, the US Treasury Department, the Board of Governors of the Federal Reserve System, the World Bank, foreign governments, and central banks. He has been a member of the President's Economic Policy Advisory Board. In 1988–89, he was an acting member of the President's Council of Economic Advisers. From 1986 to 2002, he was an honorary adviser to the Institute for Monetary and Economic Studies of the Bank of Japan. In 1999–2000, he served as chairman of the International Financial Institution Advisory Commission, known as the Meltzer Commission, which proposed major reforms of the International Monetary Fund and the development banks. Professor Meltzer's writings have appeared in numerous journals; his most recent publication is Why Capitalism? (Oxford University Press, 2012). He has authored several other books, including A History of the Federal Reserve (University of Chicago Press, 2 volumes, 2003 and 2009) and numerous papers on economic theory and policy. His career includes experience as a self-employed businessman, management adviser, and consultant to banks and financial institutions. In 1983, Professor Meltzer received a medal for distinguished professional achievement from the University of California, Los Angeles. He was named the distinguished fellow for 2011 by the American Council for Capital Formation and is a distinguished fellow of the American Economic Association. In 2003 he received the Irving Kristol Award from the American Enterprise Institute and the Adam Smith Award from the National Association for Business Economics. In 2009, he received the Distinguished Teacher Award from the International Mensa Foundation. In 2011 Professor Meltzer received the Bradley Award, the Harry Truman Medal for Public Policy, and the Truman Medal for Economic Policy.

PUBLICATIONS

  • Milton Friedman's Public Life After Retirement, 1976-88
    Milton Friedman Contributions to Economics and Public Policy

    2016; 72-87

  • Karl Brunner at 100

    2016

  • A Life of Accomplishments
    Der Euro in sturmischen Zeiten

    Verlag Franz Vahlen Munchen, 2016; 345-346

  • "A Paper Dragon"

    The Criterion 34(10), 2016; 8-12

See More

WORKING PAPERS

  • Bordo and Schenk on Cooperation and Coordination in Exchange Rate Policy

    2016

  • "Federal Reserve Accountability and Reform"

    2015

  • "Increasing International Financial Stability"

    2014

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AWARDS AND HONORS

  • ACCF Center for Policy Research Board of Scholars - Chair, Council of Scholars, Commonwealth Foundation ()
  • Quarterly Magazine - by Jeff Sewald - Chosen as one of the most prominent individuals in their hometown - Pittsburgh PA (2016)
  • Carnegie Mellon University - Alumni Award from Carnegie Mellon University (2014)
  • Templeton Freedom Award - Judge, Freedom Award (2013)
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UNIVERSITY SERVICE

  • Pittsburgh Tepper Alumni, Alumni Event Presentation, I spoke to the Pittsburgh Tepper Alumni group at the Rivers Club regarding the rule of law.
  • Alumni luncheon in Palo Alto area, Alumni Event Presentation, I spoke at a luncheon organized by the alumni in the Palo Alto area.
  • Tepper Magazine, Interviewed by Tepper Magazine, I was interviewed for the Tepper Magazine at Carnegie Mellon University
  • Sharon Deep, Interview
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PUBLIC SERVICE

  • Federal Reserve Bank, New York, Economic Advisory (2009 - )
  • Congressional Budget Office, Economic Advisory Panel (1995 - 2009)

CONSULTING

  • Duke University (September 2012 -)
  • The World Bank (January 2002 -)
  • Various Central Banks (January 2002 -)
  • Senator Corker (March 2016)

PROFESSIONAL ACTIVITIES

  • Economic Consultant, Congressional Budget Office
  • Meeting Attendee, Economic Advisory Panel, Federal Reserve Bank of New York
  • Editorial Review Board Member, Economic and Political Studies (August 2012 -)
  • Sarah Scaife Foundation (January 2002 -)
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COURSES TAUGHT

  • Capitalism (45911)
    2016 Mini 4 Section: A
    2015 Mini 4 Section: A
    2014 Mini 4 Section: A
    2013 Mini 4 Section: A
  • Capitalism (45854)
    2012 Mini 4 Section: A
    2011 Mini 3 Section: A
    2010 Mini 3 Section: A
    2009 Mini 3 Section: A
    2008 Mini 3 Section: A
    2007 Mini 3 Section: A
Allan Meltzer