The Financial Crisis: Lessons Not Learned

The financial crisis of 2008-9 — accompanied by the Great Recession, a doubling of the U.S. jobless rate (to 10 percent), and a plunge in major stock-price indexes (−53 percent, peak to trough) — was caused by government intervention, mainly in mortgage finance and the housing sector.

Praise for Capitalist Solutions

Praise for Gold and Liberty

 

Salsman lays out the case for a free-market in money.”

Capitalism Magazine

Richard M. Salsman is president of InterMarket Forecasting, Inc. and a visiting assistant professor of political economy at Duke University. Previously he was an economist at Wainwright Economics, Inc. and a banker at the Bank of New York and Citibank. Dr. Salsman has authored the books Gold and Liberty (1995), The Collapse of Deposit Insurance and the Case for Abolition (1993) and Breaking the Banks: Central Banking Problems and Free Banking Solutions (1990), all published by AIER, and, most recently, The Political Economy of Public Debt: Three Centuries of Theory and Evidence (2017).

Dr. Salsman earned a B.A. in economics from Bowdoin College (1981), an M.A. in economics from New York University (1988), and a PhD in political economy from Duke University (2012).

 

Video: Misperceptions about Alexander Hamilton

Dr. Richard Salsman, visiting assistant professor at Duke University, discusses misperceptions about Alexander Hamilton's political philosophy. Salsman offered these comments during an interview for Carolina Journal Radio...

The Financial Crisis: Lessons Not Learned

The Financial Crisis: Lessons Not Learned

The financial crisis of 2008-9 — accompanied by the Great Recession, a doubling of the U.S. jobless rate (to 10 percent), and a plunge in major stock-price indexes (−53 percent, peak to trough) — was caused by government intervention, mainly in mortgage finance and the housing sector.

Gold and The Economy: An Interview with Richard Salsman

Richard M. Salsman is president and chief market strategist of InterMarket Forecasting, which provides quantitative research and forecasts to guide the asset allocation decisions of pension sponsors, mutual funds, banks, hedge funds, and investment managers. He...