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Moreover, regulatory competition is not always bad, says Allan Meltzer of Carnegie Mellon University.
ECONOMIST: Financial regulation
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IMF's most vocal critics, debate is likely to be fuelled by the findings of a congressional commission, chaired by Allan Meltzer, an academic at Carnegie-Mellon University.
ECONOMIST: Intrigue on 19th Street
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One proposal from two American economists, Adam Lerrick and Allan Meltzer, is to allow the banks to issue negotiable deposit receipts, which could be used as cash.
ECONOMIST: Argentina's crisis
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"It does not seem to matter much, if at all" where the supervisory authority lies, said Carnegie Mellon professor and Fed historian Allan Meltzer in his prepared testimony.
FORBES
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Allan Meltzer, an economics professor and a critic both of bail-outs and many IMF policies, was quick to condemn what he considers a worrying breach of principle by the Bush administration.
ECONOMIST: America to the rescue? | The
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Allan Meltzer, a Fed historian and professor at the Tepper School of Business at Carnegie Mellon University, warns that Bernanke and company should focus on maintaining steady economic growth while also keeping inflation in check.
FORBES: Why Your Wallet Feels Thinner
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Allan Meltzer, a professor of political economy at Carnegie Mellon University who has written a history of the Federal Reserve, says it doesn't necessarily sully Bernanke's reputation to repeat the same mantra every time he visits the Hill.
FORBES: The Ben Bernanke Show