Joe Salerno sits down with Jeff Deist to discuss how Austrian Economics frames the issue of income inequality. Salerno is Academic Vice President at the Mises Institute.
Joe Salerno dismantles the Council of Economic Advisers’ latest report touting the success of the 2009 stimulus, five years later. Dr. Salerno is the Mises Institute’s Academic Vice
Joseph T. Salerno and Peter G. Klein are two of the most productive micro-economists in the Austrian School today. This seminar provides an introduction to Austrian Economics. Presented at the Mises Institute, 11-15 June
[Editor’s Note: This article is adapted from Joseph Salerno’s foreword to the new third edition of Brendan Brown’s book Euro Crash: How Asset Price Inflation Destroys the Wealth of Nations .] Brendan Brown is a rara avis — a practicing financial economist and shrewd observer of financial markets, players, and policies, whose prolific writings are
In his recent Mises Daily , Dave Albin admirably elucidates the tangle of unseen, long-run consequences that has resulted from uncoordinated government subsidies to the sugar, corn and ethanol industries. But if we narrow our focus to the ethanol industry itself, there is a more fundamental point to be made. For the ethanol industry is a
The Analyst , published by the Institute of Chartered Financial Analysts of India ( ICFAI ), interviewed Joseph T. Salerno, editor of the Quarterly Journal of Austrian Economics , concerning the financial and banking chaos in Argentina: Q : Are proposed reforms enough to justify having the IMF lend a helping hand to Argentina? SALERNO : To begin
[Introduction to the Third Edition of A Tiger by the Tail by F.A Hayek. An MP3 audio version of this article, read by Floy Lilley, is available for free download .] The small book you are holding in your hands is unique. It is perhaps the finest introduction to the thought of a major thinker ever published in the discipline of economics. What
Several recent blog posts indicate that the modern supporters of “free banking” continue to misconstrue the fundamental theoretical challenge posed by their critics. The main question is not about the ethical-legal issue of whether or not fractional-reserve banking is “fraud” under all circumstances. Nor, ultimately, is it even about
Under cover of its multiplicity of fabricated wars on drugs, terror, tax evasion, and organized crime, the US government has long been waging a hidden war on cash. One symptom of the war is that the largest denomination of US currency is the $100 note, whose ever-eroding purchasing power is far below the purchasing power of the €500 note. US
[This is a revised version of written testimony submitted to the the Subcommittee on Domestic Monetary Policy and Technology of the Committee on Financial Services, US House of Representatives, “Fractional Reserve Banking and Central Banking as Sources of Economic Instability: The Sound Money Alternative,” June 28, 2012.] Chairman Paul and members
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.