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Joseph T. Salerno is an American Austrian School economist. He teaches at the business school of Pace University in New York City.
Early life and education
Salerno's parents immigrated to the United States from Italy. As a child, he observed his "New Deal Democrat" father's disdain for a visiting relative from Italy who declared himself a member of the communist party there. Salerno said that following the incident, he became a supporter of Barry Goldwater's 1964 presidential candidacy and a "full-fledged Goldwaterite." Thereafter, Salerno decided that he wanted to study economics. As an undergraduate at Boston College, he read an article written by Murray Rothbard and adopted what he describes as "the pure libertarian position... anarchocapitalism." This, he stated, led to his interest in the Austrian School. Salerno graduated from Boston College in 1972 and received his Ph.D. from Rutgers University in 1980.
Career in economics
Salerno is a professor of economics at the business school of Pace University, where he is chair of the economics graduate program. He is also a senior fellow of the Mises Institute, and he is editor of the Institute's Quarterly Journal of Austrian Economics. Salerno wrote an introduction for and edited the 2002 and 2005 Mises Institute editions of Murray Rothbard's A History of Money and Banking in the United States. Salerno's views were mentioned by Israel Kirzner in a survey of Austrian thought on entrepreneurship.
- ^ a b Salerno, Joseph. "It Usually Ends With Murray Rothbard." LewRockwell.com. 23 June 2005.
- ^ "Faculty Department Listing." Lubin School of Business. Pace University.
- ^ Kirzner, Israel M.. "Entrepreneurial Discovery and the Competitive Market Process: An Austrian Approach." Journal of Economic Literature. March 1997.