Money, Sound and Unsound
The doyen of Austrian monetary economics, Prof. Joseph Salerno, has produced a great contribution to scholarship -- one that merits careful study. Even though I don't endorse all of Prof. Salerno's analyses and embrace all of his conclusions, every chapter in his anthology is lucid, interesting, reflective and thought-provoking. -Steven Hanke, The Johns Hopkins University--Johns Hopkins UniversityA must-read in these times of monetary and financial crisis. Joseph Salerno is a grand master of monetary economics, unparalleled in combining state-of-the-art theory with profound knowledge of the history of economic thought, and a balanced judgment of policy issues. -Jorg Guido Hulsmann, University of Paris, Angers--University of Paris, AngersIt is the questions asked as much as the answers given that make this such an excellent collection. The articles combine deep historical knowledge, a penetrating grasp of the relevant theory and a strikingly clear writing style to shed light on a host of issues that need to be better understood if we are to get out of, and thereafter stay out of, the economic problems traditional policies continuously create. -Steven Kates, RMIT University, Melbourne, Australia--RMIT University, Melbourne, Australia