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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

16. Joe Salerno on Economic Calculation, Fractional Reserve Banking, and Stories of Rothbard as White Knight

BiographiesMedia and Culture

02/13/2019Audio/Video
Dr. Salerno discusses his intellectual roots and scholarly work, as well as his funny adventures with Murray Rothbard.
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Rothbard and Salerno Quoted on Modern Monetary Theory

02/12/2019Power & Market
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Are Ownership Rent and Pure Profit Separate Returns to the Entrepreneur?

Calculation and KnowledgeEntrepreneurship

02/04/2019Quarterly Journal of Austrian Economics
This paper elaborates and defends the concept of owner's rent as a return to the technical decision-making function of the owner of the firm. It argues that owner's rent is an return to unhirable labor and is separate and distinct from the profit earned by the owner in his entrepreneurial function...
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Joe Salerno on Mises and Nationalism

ImmigrationPrivate Property

01/11/2019Audio/Video
Jeff Deist and Dr. Joe Salerno examine Ludwig von Mises's views on nationalism and immigration.
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The True Money Supply in the News

12/20/2018Power & Market
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