Allan H. Meltzer

The Allan H. Meltzer University Professor of Political Economy




POS - Posner Hall - Room 257D




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


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


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.


  • "International Competitiveness in Financial Services"

    American Enterprise Institute - reprinted by Springer Verlag, 2014

  • Foreword
    The Selected Works of George Benston


  • Reprint of Testimony to Subcommittee on Monetary Policy

    House Committee on Financial Services, 2014; 1-3

  • Ronald Reagan is Alive in India

    Defining Ideas, 2014

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  • The Federal Reserve is 100 Years Old


  • Examining the GAO Report on Government Support for Bank Holding Companies

    Subcommittee on Financial Institutions - Committee on Banking Housing and Urban Affairs

  • Testimony on Temporary Restrictions on New Regulations"

    Hearing before the Subcommittee on Courts, Commercial and Administrative Law, House Committee on the Judiciary, 2012

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  • ACCF Center for Policy Research Board of Scholars - Chair, Council of Scholars, Commonwealth Foundation ()
  • Templeton Freedom Award - Judge, Freedom Award (2013)
  • American Council for Capital Formation, Center for Policy Research - Distinguished Fellow for 2011 (2011)
  • The Harry Truman Award for Public Policy (2011)
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  • Tepper Alumni, Alumni Event Presentation, Spoke to the Tepper alumni at CMU on Regulation and the Rule of Law
  • Alumni Event Presentation, I presented "Regulation and the Rule of Law" to the alumni of Tepper School of Business onlnie from 12-1pm
  • Tepper Webinar, Alumni Event Presentation, I presented the first Tepper webinar to the alumni. The topic was Regulation and the Rule of Law.
  • Guest Speaker, I spoke at the inauguration of President Subra Suresh at CMU.
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  • Federal Reserve Bank, New York, Economic Advisory (2009 - )
  • Congressional Budget Office, Economic Advisory Panel (1995 - 2009)


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


  • Economic Consultant, Congressional Budget Office
  • Attendee, Meeting, 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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  • Capitalism (45911)
    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