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  • Joseph Salerno

Joseph T. Salerno

Tags The FedAustrian Economics OverviewGold StandardHistory of the Austrian School of EconomicsMonetary TheoryMoney and BankingPrices

Works Published inThe Free MarketReview of Austrian Economics, Volumes 1-10Austrian Economics NewsletterArticles of InterestThe AustrianSpeeches and PresentationsMises Daily ArticleThe Journal of Libertarian StudiesQuarterly Journal of Austrian Economics

AwardsPeterson-Luddy Chair in Austrian EconomicsLawrence W. Fertig Prize in Austrian Economics

Joseph T. Salerno received his PhD in economics from Rutgers University. He is professor emeritus of economics in the Finance and Graduate Economics Department in the Lubin School of Business of Pace University in New York City. He is the editor of the Quarterly Journal of Austrian Economics and the Academic Vice President of the Ludwig von Mises Institute where he held the inaugural Peterson-Luddy Chair in Austrian Economics. He also holds the John V. Denson II Endowed Professorship in the economics department at Auburn University. 

Professor Salerno is a research associate of the Foundations of the Market Economy in the economics department at New York University and is on the Board of Editors of five academic journals. Salerno has published over 50 articles and essays in refereed journals and scholarly books. His latest book is The Fed at One Hundred: A Critical View on the Fed­eral Reserve System, coedited with David Howden (Springer 2014). He is the author of Money: Sound and Unsound (Mises Institute 2010). He recently published “Currency Depreciation and the Monetary Adjustment Process: Reconsidering Lord King’s Contributions” (with Carmen Elena Dorobat) in the Oxford Economic Papers in 2017. 

He has testified before US Congress several times and published numerous op eds online at mises.org, forbes.com, Christian Science Monitor.com, Wall Street Oasis.com, and Economic Policy Journal.com. 

Salerno lectures frequently throughout the US and internationally, and more than fifty of his lectures are available online. He has also been interviewed on broadcast and online radio and TV shows including Bloomberg radio, CSPAN, Fox News, Fox Business Network, New York Lawline, and RTtelevision. 

He blogs at http://mises.org/Blog

All Works

Why Mises Opposed Both Eugenics and Social Darwinism

Political Theory

06/25/2020Audio/Video
Mises points out that eugenicists’ aim to improve the “quality” of the human race is an incoherent and meaningless goal: there exists no clear and objective standard by which the quality of human beings can be measured.
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Why Mises Opposed Both Eugenics and Social Darwinism

Political Theory

Blog06/18/2020

Mises points out that eugenicists’ aim to improve the “quality” of the human race is an incoherent and meaningless goal: there exists no clear and objective standard by which the quality of human beings can be measured.

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Why You Should Read Human Action—Very Carefully

Philosophy and MethodologyPraxeology

Blog06/18/2020

Mises's Human Action is essential reading for any aspiring economist. But there can also be some pitfalls if we read it too casually.

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The Wealth Effect and the Law of Demand: A Comment on Karl-Friedrich Israel

Capital and Interest Theory

05/21/2020Quarterly Journal of Austrian Economics
Addressing a problem that Karl-Friedrich Israel perceived in Salerno's chapter "The 'Income Effect' in Causal-Realist Price Theory," Salerno contends that Israel's resolution implies a denial of the law of demand.
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Banking and Monetary Policy from the Perspective of Austrian Economics

Book ReviewsAustrian Economics Overview

05/21/2020Quarterly Journal of Austrian Economics
The editors are to be heartily congratulated for putting together this book, which covers an impressive range of topics in monetary economics from an explicitly Austrian perspective.
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