0817923055

Reflections on Allan H. Meltzer's Contributions to Monetary Economics and Public Policy

Reflections on Allan H. Meltzer's Contributions to Monetary Economics and Public Policy by David Beckworth
English | October 1st, 2019 | ISBN: 0817923055 | 197 pages | EPUB | 8.35 MB

Allan H. Meltzer (1928-2017), a leading monetary economist of the twentieth century, is memorialized in eleven essays by prominent economists. Among his achievements, Meltzer transformed the field of central banking and dissected the economic disasters of the 1930s and late 2000s, as well as the avoidance of disaster in the 1970s. Focusing on his landmark A History of the Federal Reserve, 1913-1986, the first section argues that the Fed's biggest successes are tied to its adherence to classical monetary theory and also examines the monetarist counterrevolution.