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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

The Impotence of Monetary Policy Exposed yet Again

03/13/2020Power & Market

Printing up paper money and giving it or lending it to domestic businesses or to India will not bring about a miraculous replacement of the lost goods and services or repair broken supply chains.

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The State Is a Predator. It Can't Be Used to Achieve Libertarian Ends

Philosophy and Methodology

Blog01/30/2020

In portraying the state as an integral part of economy and society, advocates of "state capacity libertarianism" ignore the state's unique political, i.e., predatory, nature.

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Fed Nominee Judy Shelton Wants Sound Money—and Lots of It

Money and BanksMoney and Banking

Blog01/21/2020

Judy Shelton may be a tolerable—at least to Republicans—candidate for the Federal Reserve Board of Governors.

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The Place of Human Action in the Development of Modern Economic Thought

Austrian Economics OverviewPolitical Theory

12/25/2019Quarterly Journal of Austrian Economics
The core of any system of economic theory is the explanation of how prices are determined.
Formats

qjae2_1_3.pdf

PDF icon PDF (115.97 KB)
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Paul Volcker: The Man Who Vanquished Gold

The FedMoney and BanksU.S. History

Blog12/19/2019

Mr. Volcker certainly deserves credit for curbing the Great Inflation of the 1970s. However, he also merits a lion’s share of the blame for unleashing the Great Inflation on the US and the world economy in the first place.

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