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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 NewsletterThe AustrianSpeeches and PresentationsMises Daily ArticleThe Journal of Libertarian StudiesQuarterly Journal of Austrian EconomicsArticles of Interest

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

Joseph T. Salerno received his Ph.D. 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, co-edited 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 U. S. 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 U.S. 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

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.
Formats
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Was Eugen von Böhm-Bawerk the GOAT?

05/18/2020Power & Market

Murray Rothbard once stunned me by saying that he thought the greatest economist in history was Eugen von Böhm-Bawerk: “Böhm-Bawerk created a mighty system of economic theory and then successfully defended it against all comers.” 

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Money Creation—Not Low Interest Rates—Is Behind the Boom-Bust Cycle

05/07/2020Audio/Video
When it comes to understanding business cycles, Austrian school scholars stand on firm ground while critic John Tamny is all at sea.
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Money Creation—Not Low Interest Rates—Is Behind the Boom-Bust Cycle

Blog05/05/2020

When it comes to understanding business cycles, Austrian school scholars stand on firm ground while critic John Tamny is all at sea.

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