Search For: Allan Meltzer
Memories of Professor James Buchanan
Farewell to an heroic intellect
I first came across James Buchanan through his long-term collaborator and colleague, Professor Gordon Tullock. It must have been in 1972 or 1973. Gordon and I met by accident in Frankfurt, where I was interviewing the then president of the Bundesbank for The Banker, of which I was then editor. We had one of those…
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Why Asia fears new currency war
The world is preparing to mark the centenary of the outbreak of World War I by starting another
The territory will be different – the sides will measure their gains and losses in terms of fractions of an exchange rate movement rather than yards of muddy land in Flanders. But the implications could be far-reaching. Nothing less than the future shape and health of the world economy is at stake. The…
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Come on guys!
RP's Diary
Hello! Back to the grindstone after the holidays. This Diary entry draws on evidence I submitted last week to the Parliamentary Commission on Banking Standards. It examines the link between the failure of money and continuing economic weakness. How long will it take governments to realise that we will never get a lasting recovery without…
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Jacques de Larosière This work is probably the most ambitious – and also relevant – attempt to explain the set of causes that led to the disasters of 2007 and following years. But it is not only a lucid, competent and sometimes unconventional analysis of what went wrong. It proposes solutions based on economic literature…
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