Courses

Joseph Salerno

Academic Vice President

Mises Institute

Joseph T. Salerno is an Austrian School economist in the United States. He is a professor at Pace University, an editor of the Quarterly Journal of Austrian Economics, and Academic Vice President of the Mises Institute. Salerno specializes in monetary theory and policy, comparative economics, and the history of economic thought. Dr. Salerno received his Ph.D. in economics from Rutgers University. His most recent publication is Money: Sound and Unsound.

Blog Posts

Populism is not an ideology

November 5, 2016
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Democracy and Voting

A recent op-ed piece in The New York Times urged the Republican Party not to “throw away free enterprise” and embrace populism. Arthur C. Brooks, the author of the article, makes two bold but erroneous claims. First, he asserts that populist moments throughout history — including the Trumpian moment in the US — are triggered by severe financial crises that result in protracted and uneven recoveries that exacerbate existing income and wealth disparities. In resorting to naïve economic determinism to explain populism, Brooks completely overlooks the awakening of the broad American middle