Allan H. Meltzer

Who is Allan H. Meltzer?

Allan H. Meltzer is an American economist and professor of Political Economy at Carnegie Mellon University's Tepper School of Business in Pittsburgh, Pennsylvania. He was born in 1928 Boston, Massachusetts. He is the author of dozens of academic papers and books on monetary policy and the Federal Reserve Bank, and has written on the development and applications of monetary policy.

Meltzer is currently president of the Mont Pelerin Society for the 2012–2014 term.

Meltzer's study A History of the Federal Reserve is considered the most comprehensive history of the central bank. Volume I was released in November 2002; Volume II, which covers the years since the Federal Reserve accord in 1951 to 1969, was released in February, 2010.

Meltzer has confirmed that he originated the aphorism "Capitalism without failure is like religion without sin. It doesn't work."