Website Accessiblity

Tepper In The News

For copies of articles in their entirety, please contact Barbara Donehue at 412-268-9885.


Archives | Current Clips

Archives for: June 2010


Fox Business News, 6/1/2010
Meltzer: We need another Margaret Thatcher
The U.S. could use a philosophy similar to the one espoused by former British Prime Minister Margaret Thatcher, says Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy. Meltzer says Thatcher was able to stick to the principle that governments should not spend more during a recession. URL for this broadcast: http://video.foxbusiness.com/v/4222238/economist-we-need-a-new-margaret-thatcher

Pittsburgh Post-Gazette, 6/3/2010
Goodman, Meltzer respond to Obama’s speech
President Obama’s speech on the Carnegie Mellon campus drew mixed reviews from two prominent Tepper School faculty members. Paul Goodman, Richard M. Cyert Professorship; professor of organizational psychology; director, Institute for Strategic Development; director, Center for the Management of Technology, praised the speech for its clarity and thoughtfulness, while Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy, described the president’s remarks as “rhetoric divorced from current reality.” URL for this article: http://www.post-gazette.com/pg/10154/1062790-84.stm

Tri-City Herald, 6/3/2010
Meltzer: Don’t let the U.S. end up like Greece
In a prepared statement following President Obama’s speech at Carnegie Mellon University, Allan Meltzer called on the president to rein in the government. Meltzer, The Allan H. Meltzer University Professor of Political Economy, says such steps are needed so the country doesn’t “end up like Greece.” URL for this article: http://www.tri-cityherald.com/2010/06/02/1038218/obama-calls-for-a-price-on-carbon.html

Bloomberg BusinessWeek, 6/11/2010
Meltzer: Monetary affairs adviser at Fed is a tough job
The Federal Reserve’s monetary affairs staff has been far too supportive of Fed Chairman Ben Bernanke, says Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy. Meltzer says being the chairman’s top adviser on monetary policy is a difficult job in the best of times, adding, “and these are not the best of times.” URL for this article: http://news.businessweek.com/article.asp?documentKey=1376-L3TKHX07SXKX-4

Wall Street Journal, 6/11/2010
Signs of recovery are temporary, Meltzer says
Although the unemployment rate has come down somewhat, much of that recovery is temporary, says Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy. Meltzer says government efforts such as the stimulus package and subsequent aid is not working. URL for this article: http://online.wsj.com/article/SB10001424052748704256604575294933611062498.html?mod=WSJ_economy_LeftTopHighlights

Bloomberg BusinessWeek, 6/15/2010
Meltzer, Goodfriend comment on proposed legislation affecting Fed
Proposed legislation that would expand the powers of the Federal Reserve goes right to the heart of the central bank’s independence, says Marvin Goodfriend, professor of economics; director, The Gailliot Center for Public Policy. Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy, says the Fed opened the door to greater political pressures by rescuing Bear Stearns and AIG. URL for this article: http://news.businessweek.com/article.asp?documentKey=1376-L41D1A1A74E9-4

Bloomberg, 6/18/2010
Weber would temper his style as ECB president, says Meltzer
If Axel Weber becomes president of the European Central Bank, he’ll temper his style, says Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy. Meltzer, who has known Weber for more than 30 years, says anyone in that job will have to make consensus moves. URL for this article: http://www.bloomberg.com/apps/news?pid=20601109&sid=arFnRG109XJ8

Pittsburgh Tribune-Review, 6/20/2010
Meltzer knocks stimulus program for transferring state deficits
The federal stimulus program had very little stimulus, says Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy. Meltzer says the largest item was a transfer to pay for state budget deficits, which merely moves debt to the federal budget. URL for this article: http://www.speroforum.com/a/35198/Invisible-Stimulus-in-FlyOver-Towns

Financial Times, 6/21/2010
Bryant: Hiring robust for MSCF students
A strong revival of the markets means the financial services industry is back in the hiring business, according to Rick Bryant, adjunct professor of business; executive director, MSCF program. Bryant reports that current students are finding summer internships and 92 percent of full-time students who graduated in December have been placed in jobs. URL for this article: http://www.ft.com/cms/s/2/fda91bf4-7ac4-11df-8549-00144feabdc0,dwp_uuid=02e16f4a-46f9-11da-b8e5-00000e2511c8.html

San Francisco Chronicle, 6/22/2010
Apt: Turnpike toll hike translates to carbon tax
A toll increase on the Pennsylvania Turnpike last year amounted to about a $40-per-ton tax on carbon, says Jay Apt, executive director of Carnegie Mellon Electricity Industry Center, associate research professor, distinguished service professor in engineering and public policy. Presented that way, the increase would raise public ire, he says. URL for this article: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/06/21/MNBL1E0PCQ.DTL#ixzz0ramSIeR1

Bloomberg BusinessWeek, 6/22/2010
Goodfriend: Deflation can drag down inflation expectations
Deflation is not a problem if it is minimal, but a little deflation will drag down inflation expectations, which scares the Federal Reserve, says Marvin Goodfriend, professor of economics; director, The Gailliot Center for Public Policy. To avoid raising prices, Goodfriend says firms use modern administrative technology to offload price increases to the customer. URL for this article: http://www.businessweek.com/news/2010-06-22/a-little-deflation-is-recipe-for-price-stability-caroline-baum.html

Business News Network, 6/22/2010
Meltzer appears on BNN
Ever since Ben Bernanke took over the chairman’s job at the Federal Reserve, the level of dissent has grown, thanks to Bernanke’s more academic approach to open discussion. Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy, discussed the Fed with the Business News Network in an interview. URL for this article: http://watch.bnn.ca/headline/june-2010/headline-june-22-2010/#clip316924

Bloomberg BusinessWeek, 6/24/2010
Meltzer: Fed may be least independent in history
The current Federal Reserve is the least independent in the central bank’s history, except possibly during World War II, says Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy. Meltzer says Chairman Ben Bernanke has taught Congress that the Fed is a means to bypass the federal budget, which has led to less credit allocation. URL for this article: http://www.businessweek.com/news/2010-06-23/fed-s-plosser-backs-accord-eliminating-fed-bailouts-update1-.html

Fortune, 6/24/2010
Meltzer recalls Thatcher’s handling of British recession
Among the most memorable moments in Allan Meltzer’s distinguished career was advising British Prime Minister Margaret Thatcher during a crisis session in mid-1980. Meltzer, The Allan H. Meltzer University Professor of Political Economy, admires how Thatcher stuck to an unpopular economic plan during Great Britain’s recession and says President Obama should have followed the same pattern. URL for this article: http://finance.yahoo.com/news/The-best-stimulus-Spend-less-hftn-2049592777.html?x=0

Reuters, 6/25/2010
Meltzer: Fed needs new restrictions; Congress ‘missed opportunity’
Congress has missed an opportunity to improve monetary and financial regulatory policies with its landmark financial overhaul bill, says Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy. Meltzer says the Fed badly needs new restrictions limiting its monetary actions and giving the central bank incentives to look over a longer term. URL for this article: http://www.reuters.com/article/idUSN2419378420100625

Pittsburgh Tribune-Review, 6/29/2010
Meltzer: Financial bill doesn’t fix mortgage market
A financial regulatory overhaul bill does not restore integrity to the mortgage market, says Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy. Meltzer also criticizes the bill for not eliminating the concept of “too big to fail.” URL for this article: http://www.pittsburghlive.com/x/pittsburghtrib/news/nation/s_688102.html

Pittsburgh Tribune-Review, 6/30/2010
West Penn Allegheny’s viability important to region, says Gaynor
It’s important for West Penn Allegheny Hospital to remain viable so it can provide a health care alternative in the Pittsburgh region, says Martin Gaynor, E.J. Barone Professor of Economics and Health Policy. However, Gaynor says it’s difficult to predict how much recently announced layoffs will help the system. URL for this article: http://www.tmcnet.com/usubmit/2010/06/30/4877336.htm

Wall Street Journal, 6/30/2010
Meltzer: Obama’s economic policies have failed
The Obama administration’s economic policies have failed, says Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy. Meltzer says the strategies neglected long-term consequences and costs, and the administration and Congress have heightened uncertainty about the country’s economic future. URL for this article: http://online.wsj.com/article/SB10001424052748704629804575325233508651458.html

Archives | Current Clips

Primary Navigation

Follow the Tepper School:

You Tube Tepper on iTunes Linked In Facebook Twitter

Media Contact

Mark D. Burd

Director of Public Relations

Tepper School of Business
Carnegie Mellon University
5000 Forbes Ave.
Pittsburgh, Pa. 15213-3890

Tel: 412-268-3486
mdburd@andrew.cmu.edu
Fax: 412-268-7824

Footer Navigation