Richard M. Salsman is an American economist and lecturer. His work incorporates Objectivist philosophy and supply-side economics [1]. In particular, Salsman admires the ideas of economists such as Jean-Baptiste Say and Carl Menger [1] 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 [2], 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 [3] and his homages to the ideas of Jean-Baptiste Say [4].
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Work
- 2000–present: InterMarket Forecasting, Inc. (Chapel Hill, NC): founder, president, chief market strategist.
- 1993–2000: H.C. Wainwright Economics, Inc. (Boston, MA): senior vice president and senior economist.
- 1989–1992: Citibank (New York, NY): corporate finance and capital-markets analyst.
- 1984–1989: The Bank of New York (New York, NY): corporate lending officer.
Publications (books and chapters)
- 2009. "Altruism: The Moral Root of the Financial Crisis" in "The Objective Standard", ISSN 1559-1905 [5]
- 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.
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- “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).
Education
- 200x (expected) Duke University — Ph.D. (political science)
- 1988. Stern School of Business, New York University (NYU), MBA (economics)
- 1981. Bowdoin College, BA (law and economics)
Related People
- Frédéric Bastiat
- Eugen von Böhm-Bawerk
- Alan Greenspan
- Henry Hazlitt
- Carl Menger
- Ludwig von Mises
- Robert Mundell
- Ayn Rand
- George Reisman
- Jean-Baptiste Say
- Friedrich von Wieser
Related Concepts
- Objectivism (the philosophy of Ayn Rand)
- the Austrian School of economics
- Free banking
- the Gold standard
References
- ^ "Richard M. Salsman" (2003). The Capitalist Advisor: Top Down Insights, Bottom Line Results: Saysian Economics. Intermarket Forecasting Inc., Chapel Hill, NC.
External links
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