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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 I Love Price Gouging—and Why You Should Too

03/30/2020Power & Market

In lieu of the soap, I encountered a large sign that read, in part: “Please BE KIND to one another and limit yourself only to what you really need at this time.” 

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Cash and the Coronavirus

03/28/2020Power & Market
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Uh-Oh, The FDIC Exhorts Us Not to Hit the (Bank) Panic Button

03/27/2020Power & Market
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Klein and Salerno on the Economics of the Shutdown

03/27/2020Power & Market

Professor Peter Klein and Joseph Salerno provide an Austrian take on the economics of the shutdown in a discussion with Tom Woods.

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The Fed Has Sufficient Tools—to Wreck the Economy

Booms and Busts

Blog03/17/2020

These famed "tools" of the central bank are nothing but cunning and arcane techniques for conjuring additional trillions of dollars out of thin air and pumping them into the global economy.

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