Alexander William Salter is an Assistant Professor of Economics at Berry College. He earned his Ph.D. from George Mason University in May 2014. Alexander’s research interests include the political economy of central banking, NGDP targeting, and free (laissez-faire) banking. He is also interested in political economy in the tradition of the Virginia School, focusing on topics such as property rights, self-governance, federalism, and the rule of law. Alexander’s research has been published, or is forthcoming, in scholarly journals such as the Journal of Money, Credit, and Banking, the Journal of Financial Services Research, and the American Political Science Review, and his popular writing has been featured in outlets such as RealClearPolitics and U.S. News and World Report.
Buy ’em out – a new strategy for cutting government
In 1930, total government expenditure was 10% of GDP. Of that, approximately 3% was federal spending, and 7% was state and local spending. Today, government expenditure is about 40% of GDP, with 25% of that spending federal, and the remaining 15% state and local.Learn More...