2014 Faculty & Staff Impact (Faculty Service) Award
Allan H. Meltzer was an internationally renowned economist, Carnegie Mellon University professor, and author of the seminal text "Why Capitalism?" and a magisterial two-volume history of the Federal Reserve.
Meltzer, The Allan H. Meltzer University Professor of Political Economy at Carnegie Mellon's Tepper School of Business, was an important, globally recognized voice for reason in the increasingly politicized arena of monetary policy. He was the author of more than 10 books and 400 papers during his distinguished career.
He served as a consultant for several congressional committees, the President's Council of Economic Advisers, the U.S. Treasury Department, the Board of Governors of the Federal Reserve System, foreign governments, and various central banks. He was also a member of the President's Economic Policy Advisory Board from 1988-90.