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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

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

Joe Salerno versus Paul Krugman on Austrian Business Cycle Theory

Monetary PolicyOther Schools of Thought

10/01/2021Mises Media
Using a recent Paul Krugman column as the jumping off point, the Mises Institute Academic Vice President Joe Salerno explains and defends Austrian business cycle theory.
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War and the Money Machine: Concealing the Costs of War beneath the Veil of Inflation

InflationWar and Foreign Policy

08/21/2021Books
The costs of war are enormous, and inflation is a means by which governments attempt, more or less successfully, to hide these costs from their citizens.
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The Birth of the Austrian School

Austrian Economics OverviewPhilosophy and MethodologySubjectivismValue and Exchange

07/19/2021Mises Media
Menger discovered much more than the principle of marginal utility—he created an entire system of economics based on subjective value and individual choice.
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