Banking and Policy Issues Magazine

September 2003

Interview with Allan H. Meltzer

The author of A History of the Federal Reserve and architect of the SOMC shares his thoughts on everything from failures of the Fed to international monetary reform.

Previous Issues

Top of the Ninth

Gary Stern, president of the Federal Reserve Bank of Minneapolis, agrees that the probability of deflation is low but questions the notion that deflation would necessarily have severe consequences.


  • Price Signals
    Economist Pete Klenow analyzes price differences—over time, among products and across countries—to shed light on some of economics' most contentious issues.
  • What's sticky, what's not and why?
  • Mining for Missing Links
    By examining the iron ore industry, a Minneapolis Fed economist confirms that productivity gains are the direct result of increased competition. [PDF]
  • Remembering Frederick Deming
    Frederick Deming, former president of the Federal Reserve Bank of Minneapolis died August 2003.

Supply, Demand & Deadlines 2003


Book Review




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