- Not to be confused with Richard M. Stallman.
Richard M. Salsman (//; born c. 1960) is an American economist and lecturer. His work incorporates Objectivist philosophy and supply-side economics. In particular, Salsman admires the ideas of economists such as Jean-Baptiste Say and Carl Menger, as opposed to more modern supply-siders such as Arthur Laffer. Salsman is most known for his support of the gold standard and free banking, his opposition to central banking, his critiques of the philosophy of Austrian economists such as Ludwig von Mises and Friedrich Hayek, his work on the causes and consequences of the Great Depression, and his homages to the ideas of Jean-Baptiste Say.
- 1984–1989: The Bank of New York (New York, NY): corporate lending officer.
- 1989–1992: Citibank (New York, NY): corporate finance and capital-markets analyst.
- 1993–2000: H.C. Wainwright Economics, Inc. (Boston, MA): senior vice president and senior economist.
- 2000–present: InterMarket Forecasting, Inc. (Chapel Hill, NC): founder, president, chief market strategist.
- 2012–present: The Objective Standard, Contributing Editor.
Publications (books and chapters)
- 2009. "Altruism: The Moral Root of the Financial Crisis" in The Objective Standard, ISSN 1559-1905
- 2005. “The False Profits of Antitrust”, chapter in The Abolition of Antitrust, edited by Dr. Gary Hull (New Brunswick, NJ: Transaction Publishers).
- 2004–2005. “The Cause and Consequences of the Great Depression” in The Intellectual Activist, ISSN 0730-2355.
- “Part 1: What Made the Roaring ’20s Roar”, June, 2004, pp. 16–24.
- “Part 2: Hoover’s Progressive Assault on Business”, July, 2004, pp. 10–20.
- “Part 3: Roosevelt's Raw Deal”, August, 2004, pp. 9–20.
- “Part 4: Freedom and Prosperity”, January, 2005, pp. 14–23.
- 1996. “Using Market Prices to Guide Sector Rotation”, chapter in Economic Analysis for Investment Professionals (Charlottesville, VA: Association for Investment Management and Research).
- 1995. Gold and Liberty (Great Barrington, MA: American Institute for Economic Research).
- 1993. “Bankers as Scapegoats for Government-Created Banking Crises in U.S. History”, chapter in The Crisis in America Banking, edited by Dr. Lawrence H. White (New York, NY: New York University Press, 1993).
- 1993. “‘Corporate Environmentalism’ and Other Suicidal Tendencies”, chapter in Environmentalism: What Does It Mean for Business?, edited by Jaana Woiceshyn (Faculty of Management Lecture Series, The University of Calgary).
- 1993. “Banking without the ‘Too-Big-to-Fail’ Doctrine”, chapter in Bankers and Regulators, edited by Hans Sennholz (Irvington-on-Hudson, NY: Foundation for Economic Education).
- 1993. The Collapse of Deposit Insurance—and the Case for Abolition (Great Barrington, MA: American Institute for Economic Research).
- 1990. Breaking the Banks: Central Banking Problems and Free Banking Solutions (Great Barrington, MA: American Institute for Economic Research).
- 2012. Department of Political Science, Duke University, PhD (political economy)
- 1988. Stern School of Business, New York University (NYU), MBA (economics)
- 1981. Bowdoin College, BA (law and economics)
- "Richard M. Salsman" (2003). The Capitalist Advisor: Top Down Insights, Bottom Line Results: Saysian Economics. Intermarket Forecasting Inc., Chapel Hill, NC.
- InterMarket Forecasting, Inc.
- Richard Salsman at THE FORUM for Ayn Rand Fans
- Articles at aynrand.org
- Articles at Capitalism Magazine