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Review of Reflections on Allan H. Meltzer’s Contributions to Monetary Economics and Public Policy

Review of Reflections on Allan H. Meltzer’s Contributions to Monetary Economics and Public Policy Business Economics (2020) 55:101–103 https://doi.org/10.1057/s11369-020-00161-9 BOOK RE VIE W Review of Reflections on Allan H. Meltzer’s Contributions to Monetary Economics and Public Policy David Beckworth (editor), Hoover Institution Press, Stanford Stuart G. Hoffman Published online: 22 January 2020 © National Association for Business Economics 2020 Allan Meltzer (1928–2017) was one of the most important my biggest opportunity was Meltzer’s invitation to present monetary economists of his era. He was also the Federal a paper at the November 1992 Carnegie-Rochester confer- Reserve’s most important economic historian, publishing a ence,” which was the first exposition of what would become landmark multi-volume work spanning the Fed’s creation known as the “Taylor rule.” in 1913 to the closing years of the Volcker era (1986). For In the second chapter, Michael Bordo, a well-regarded these and many other contributions, NABE honored Profes- economic historian, lauds Meltzer’s two-volume exhaus- sor Meltzer with its prestigious Adam Smith Award in 2003. tive history of the Federal Reserve from 1913 (inception) The Mercatus Center at George Mason University hosted to 1986. Bordo summarizes Meltzer’s insightful “two key a Conference in early January 2018 to commemorate the dis- reasons to explain why the Fed did so poorly in its monu- tinguished career of Allan Meltzer http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Business Economics Springer Journals

Review of Reflections on Allan H. Meltzer’s Contributions to Monetary Economics and Public Policy

Business Economics , Volume 55 (2): 3 – Apr 1, 2020

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Publisher
Springer Journals
Copyright
2020 National Association for Business Economics
ISSN
0007-666X
eISSN
1554-432X
DOI
10.1057/s11369-020-00161-9
Publisher site
See Article on Publisher Site

Abstract

Business Economics (2020) 55:101–103 https://doi.org/10.1057/s11369-020-00161-9 BOOK RE VIE W Review of Reflections on Allan H. Meltzer’s Contributions to Monetary Economics and Public Policy David Beckworth (editor), Hoover Institution Press, Stanford Stuart G. Hoffman Published online: 22 January 2020 © National Association for Business Economics 2020 Allan Meltzer (1928–2017) was one of the most important my biggest opportunity was Meltzer’s invitation to present monetary economists of his era. He was also the Federal a paper at the November 1992 Carnegie-Rochester confer- Reserve’s most important economic historian, publishing a ence,” which was the first exposition of what would become landmark multi-volume work spanning the Fed’s creation known as the “Taylor rule.” in 1913 to the closing years of the Volcker era (1986). For In the second chapter, Michael Bordo, a well-regarded these and many other contributions, NABE honored Profes- economic historian, lauds Meltzer’s two-volume exhaus- sor Meltzer with its prestigious Adam Smith Award in 2003. tive history of the Federal Reserve from 1913 (inception) The Mercatus Center at George Mason University hosted to 1986. Bordo summarizes Meltzer’s insightful “two key a Conference in early January 2018 to commemorate the dis- reasons to explain why the Fed did so poorly in its monu- tinguished career of Allan Meltzer

Journal

Business EconomicsSpringer Journals

Published: Apr 1, 2020

References