Allan Meltzer
Allan Meltzer
Allan H. Meltzeris an American economist and professor of Political Economy at Carnegie Mellon University's Tepper School of Business and Institute for Politics and Strategy in Pittsburgh, Pennsylvania. He was born in 1928 Boston, Massachusetts to a Jewish family. Meltzer specializes on studying monetary policy and the US Federal Reserve System, and has authored several academic papers and books on the development and applications of monetary policy, and about the history of central banking in the US...
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His big failing is that he hasn't provided the Fed with a replicable method of re-creating Alan Greenspan. He hasn't left behind an institutional framework that will guide his successor.
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What he's shown is that you can have full employment and low inflation at the same time. The Keynesian school didn't believe that, but Greenspan showed that it could be done.