Cover image for Monetary economics
Title:
Monetary economics
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Publication Information:
New York : Basil Blackwell, 1989
ISBN:
9780631163350
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30000002313058 HG501 .B78 1989 Open Access Book Book
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Summary

Author Notes

Allan Harold Meltzer was born in Boston, Massachusetts on February 6, 1928. He received a bachelor's degree in economics from Duke University in 1948 and master's and doctoral degrees in economics from the University of California, Los Angeles. In 1957, he became an assistant professor at the Carnegie Mellon Graduate School of Industrial Administration, later named the Tepper School of Business. At his death, he held a professorship there in political economy that was named for him.

He was a conservative economist who strongly opposed government bailouts. He was a consultant to congressional committees, the Federal Reserve System, the Treasury Department, foreign governments, and central banks. Under President Ronald Reagan, he was an acting member of the President's Council of Economic Advisers. He wrote more than 10 books including A History of the Federal Reserve and Why Capitalism? He received many awards including the Harry Truman Medal for Public Policy and the Truman Medal for Economic Policy. He died on May 8, 2017 at the age of 89.

(Bowker Author Biography)


Reviews 1

Choice Review

With the exception of one article coauthored by Alex Cukierman, the present volume is a collection of the published works of Brunner and Meltzer. Most articles deal with various aspects of monetary economics; one addresses the effects of fiscal policy. They are arranged largely in the order of their original publication, from 1964 to 1986. Brunner and Meltzer are in the front rank of macroeconomic and monetary theorists; both have served for many years as cochairmen of the Shadow Open Market Committee, a group of monetarists who meet periodically to critique the policy decisions of the Federal Reserve, and both are leading proponents on monetarist economics. The publication of this volume is an appropriate way to memorialize Brunner, who died in May 1989. Although Brunner and Meltzer frequently address the general public on economic policy issues, as in the reports of the Shadow Open Market Committee, the articles included in the present collection are technical and mathematically rigorous. Therefore, the volume will be of greatest interest to professional economists, to whom the articles are addressed. This collection, however, will be a major convenience to interested readers. University collections. -W. W. Howard, Phoenix College