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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 True Money Supply Is Flashing Red

Money and BanksMoney and BankingMoney Supply

Blog02/26/2018

The suppression of the TMS growth rate, if it is sustained for the rest of the year, portends another credit crisis and housing bust.

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The War on Cash: Sweden Stares into the Abyss—and the Abyss Stares Back

02/22/2018Power & Market
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The Real Scandal in College Athletics

02/14/2018Power & Market
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Dehomogenizing Austrian Economics: The Revival of Wieser

History of the Austrian School of Economics

Blog02/05/2018
The dehomogenization debate shows the diversity of views that Austrian economists, old and new, have on issues that lay at the heart of economic theory.
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Like Returning Gifts? Thank the Market

EntrepreneurshipMonopoly and Competition

Blog01/04/2018
For Austrians, competition entails not only vigorous price cutting, but intense competition in terms of product quality, return policies, and more.
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