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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

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

Money and BanksMoney and Banking

Blog07/02/2019

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

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Money and Gold in the 1920s and 1930s: An Austrian View

U.S. HistoryMoney and BankingMoney Supply

Blog06/18/2019

The Fed’s monetary policy, except for very brief periods in 1929 and 1936–1937, was consistently and unremittingly inflationist in the 1920s and 1930s.

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There Is No Neutral Tax: Lessons from the the Amazon HQ2 "Subsidy"

Taxes and Spending

Blog06/14/2019

The tax-incentive deal Amazon had with New York was not a "subsidy" — in fact, Amazon pays enormous amounts of net taxes.

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Was Bastiat an Economic Theorist?

05/24/2019Power & Market

Right now there is a stimulating online conversation going on about Bastiat's contributions to economic theory in his treatise Economic Harmonies.

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What Mises Said about Rothbard

05/07/2019Power & Market

Critics of Rothbard have tried to create a myth in which Rothbard is not in the same Austrian tradition as Mises. The words of Mises himself say otherwise.

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