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Andrew Mellon: The Best Treasury Secretary In US History?

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Andrew Mellon: The Best Treasury Secretary in US History by Lawrence W. Reed, Foundation For Economic Education

His Greatest Contribution Was Allowing Others to Flourish

Of the 76 men who have held the office of Secretary of the Treasury of the United States, my choice for the best of them would be Andrew Mellon.

I must admit up front that I have a fondness for Mellon for a personal reason. Like me, he was of Scots-Irish ancestry and grew up in Western Pennsylvania (he in Pittsburgh, I in Beaver Falls). But in my mind, what he stood for is what stands out.

From 1921 to 1932, Andrew William Mellon served Presidents Harding, Coolidge, and Hoover as Treasury secretary. Only two other...

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