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Alexander William Salter

Texas Tech University - Rawls College of Business

Assistant Professor of Economics

Lubbock, TX 79409

United States

http://awsalter.com

American Institute for Economic Research

PO Box 1000

Great Barrington, MA 01230

United States

  • Texas Tech University - Rawls College of Business

SCHOLARLY PAPERS

59

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Scholarly Papers (59)

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1.

The View from Vienna: An Analysis of the Renewed Interest in the Mises-Hayek Theory of the Business Cycle

Review of Austrian Economics 30(2) 2017: 169-192
Number of pages: 42 Posted: 06 Dec 2013 Last Revised: 08 Oct 2017
Nicolas Cachanosky and Alexander William Salter
Metropolitan State University of Denver and Texas Tech University - Rawls College of Business
Downloads 473 (35,162)

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2.

Ben Bernanke and Bagehot 's Rules

Journal of Money, Credit, and Banking, Vol. 47, No. 2-3, 2015
Number of pages: 27 Posted: 27 Aug 2013 Last Revised: 01 Mar 2016
Thomas L. Hogan, Linh Le and Alexander William Salter
Rice University - Baker Institute for Public Policy, University of New Orleans and Texas Tech University - Rawls College of Business
Downloads 255 (83,476)

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Ben Bernanke, Walter Bagehot, bank bailouts, lender of last resort

3.

Synthesizing State and Spontaneous Order Theories of Money

Advances in Austrian Economics 18 2014
Number of pages: 24 Posted: 03 Sep 2012 Last Revised: 01 Mar 2015
Alexander William Salter and William J. Luther
Texas Tech University - Rawls College of Business and Kenyon College
Downloads 221 (85,521)
Citation 1

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chartalism, Knapp, medium of exchange, Menger, money, search, spontaneous order, state theory of money, unit of account

4.

Not All NGDP is Created Equal: A Critique of Market Monetarism

Journal of Private Enterprise 29(1) 2013: 41-52
Number of pages: 13 Posted: 14 Dec 2012 Last Revised: 16 Aug 2014
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 178 (121,378)

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free banking, Market Monetarism, market process, monetary disequilibrium, monetary institutions, NGDP

5.

Robust Political Economy and the Lender of Last Resort

Journal of Financial Services Research, Vol. 50, No. 1, 2016
Number of pages: 50 Posted: 06 Apr 2013 Last Revised: 15 Mar 2017
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 154 (144,760)

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Bagehot, free banking, incentives, information, monetary institutions, New York Fed, private clearinghouses, Richmond Fed, robust political economy

6.

What You Don't Know Can Hurt You: Knowledge Problems in Monetary Policy

Downloads 119 (210,050)

What You Don't Know Can Hurt You: Knowledge Problems in Monetary Policy

Contemporary Economic Policy, Forthcoming
Number of pages: 31 Posted: 07 Mar 2016 Last Revised: 17 Jan 2017
Alexander William Salter and Daniel J. Smith
Texas Tech University - Rawls College of Business and Sorrell College of Business, Troy University
Downloads 118 (212,359)

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Central banking, free banking, Hayek, knowledge problem, monetary policy, NGDP targeting

What You Don't Know Can Hurt You: Knowledge Problems in Monetary Policy

Contemporary Economic Policy, Vol. 35, Issue 3, pp. 505-517, 2017
Number of pages: 13 Posted: 30 May 2017
Alexander William Salter and Daniel J. Smith
Texas Tech University - Rawls College of Business and Sorrell College of Business, Troy University
Downloads 1 (607,241)
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7.

A Theory of Why the Ruthless Revolt

Downloads 98 (241,129)

A Theory of Why the Ruthless Revolt

Economics and Politics, Forthcoming
Number of pages: 31 Posted: 13 Oct 2015 Last Revised: 03 Jun 2016
Joshua R. Hendrickson and Alexander William Salter
University of Mississippi and Texas Tech University - Rawls College of Business
Downloads 97 (244,495)

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revolution, option games

A Theory of Why the Ruthless Revolt

Economics & Politics, Vol. 28, Issue 3, pp. 295-316, 2016
Number of pages: 22 Posted: 03 Oct 2016
Joshua R. Hendrickson and Alexander William Salter
University of Mississippi and Texas Tech University - Rawls College of Business
Downloads 1 (607,241)
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8.

Is There a Self-Enforcing Monetary Constitution?

Constitutional Political Economy, Vol. 25, No. 3, 2014
Number of pages: 33 Posted: 04 May 2013 Last Revised: 16 Aug 2014
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 97 (193,884)
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Central banking, constitutional political economy, free banking, monetary constitution, NGDP targeting, robust political economy

9.

Constitutional Catallaxy: Friends and Enemies in an Open-Ended Social Order

Downloads 96 (244,525)

Constitutional Catallaxy: Friends and Enemies in an Open-Ended Social Order

Journal of Public Finance and Public Choice, Forthcoming
Number of pages: 26 Posted: 09 May 2017 Last Revised: 22 Jan 2018
Alexander William Salter and Richard E. Wagner
Texas Tech University - Rawls College of Business and George Mason University - Department of Economics
Downloads 72 (294,465)

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choice vs. emergence, constitutional control, friend-enemy distinction, open systems, paradox of power, political entrepreneurship

Constitutional Catallaxy: Friends and Enemies in an Open-Ended Social Order

GMU Working Paper in Economics No. 17-18
Number of pages: 25 Posted: 15 May 2017
Alexander William Salter and Richard E. Wagner
Texas Tech University - Rawls College of Business and George Mason University - Department of Economics
Downloads 24 (464,409)

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Choice vs. Emergence; Constitutional Control; Friend-Enemy Distinction; Open Systems; Paradox of Power; Political Entrepreneurship

10.

Money, Liquidity, and the Structure of Production

Journal of Economic Dynamics and Control, Vol. 73, 2016
Number of pages: 33 Posted: 22 Feb 2015 Last Revised: 15 Mar 2017
Joshua R. Hendrickson and Alexander William Salter
University of Mississippi and Texas Tech University - Rawls College of Business
Downloads 91 (100,580)

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forced saving, monetary policy, optimal stopping times, entry and exit

11.

The Optimal Austrian Business Cycle Theory

Advances in Austrian Economics 20 2016: 45-60
Number of pages: 21 Posted: 11 Nov 2014 Last Revised: 07 Aug 2016
Alexander William Salter and William J. Luther
Texas Tech University - Rawls College of Business and Kenyon College
Downloads 88 (121,378)

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Austrian, boom, business cycle, bust, Friedrich A. Hayek, Ludwig von Mises, macroeconomic fluctuation, structure of production, rational expectations

12.

Monetary Equilibrium and Price Stickiness Reconsidered: A Reply to Bagus and Howden

Review of Austrian Economics 25(3) 2012: 263-269
Number of pages: 7 Posted: 29 Jan 2012 Last Revised: 16 Aug 2014
William J. Luther and Alexander William Salter
Kenyon College and Texas Tech University - Rawls College of Business
Downloads 80 (236,218)

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Austrian economics, central banking, commodity standard, fiat money, free banking, macroeconomics, money, monetary equilibrium theory, monetary standard, sticky information, sticky prices

13.

Tullock's Challenge: A Reconsideration of Constitutional Monarchy

Procesos de Mercado 11(2) 2014: 51-81
Number of pages: 31 Posted: 07 Jul 2014 Last Revised: 31 Mar 2015
Alexander William Salter and David J. Hebert
Texas Tech University - Rawls College of Business and Aquinas College
Downloads 76 (207,441)

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Constitutional political economy, democracy, efficiency, monarchy, Liechtenstein

14.

The Imprudence of Macroprudential Policy

Independent Review 19(1) 2014: 5-18
Number of pages: 19 Posted: 04 Dec 2013 Last Revised: 16 Aug 2014
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 75 (256,723)

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Austrian business cycle theory, incentive problem, information, knowledge problem, macroprudential, monetary institutions, monetary policy, robust political economy

15.

A Monarchical Perspective on Constitutional Governance: H.S.H. Prince Hans-Adam II of Liechtenstein and the State in the Third Millennium

Journal of Private Enterprise 30(1) 2015: 121-130
Number of pages: 12 Posted: 15 Feb 2014 Last Revised: 01 Mar 2016
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 64 (208,730)

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Constitutional political economy, democracy, federalism, monarchy, H.S.H. Hans-Adam II, Liechtenstein, oligarchy, self-determination

16.

A Theory of the Dynamics of Entangled Political Economy with Application to the Federal Reserve

Journal of Public Finance and Public Choice 30(1-3) 2012 [2014]: 77-102
Number of pages: 34 Posted: 13 Aug 2013 Last Revised: 01 Mar 2015
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 63 (249,747)

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bailout, constitutional political economy, entangled political economy, Federal Reserve, financial crisis, residual claimant

17.

Post-Cameralist Governance: Towards a Robust Political Economy of Bureaucracy

Downloads 58 (326,209)

Post-Cameralist Governance: Towards a Robust Political Economy of Bureaucracy

Economic Affairs, Forthcoming
Number of pages: 28 Posted: 19 Aug 2015 Last Revised: 29 Jul 2016
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 58 (330,831)

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Bureaucracy, cameralism, jurisdictional competition, post-cameralism, polycentricity, residual claimancy, robust political economy

Post‐Cameralist Governance: Towards a Robust Political Economy of Bureaucracy

Economic Affairs, Vol. 36, Issue 3, pp. 294-308, 2016
Number of pages: 15 Posted: 25 Oct 2016
Alexander William Salter
Texas Tech University - Rawls College of Business
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bureaucracy, cameralism, jurisdictional competition, polycentricity, post‐cameralism, residual claimancy, robust political economy

18.

James Buchanan and Contractarian Anarchy

Journal of Prices & Markets 2(2) 2014: 48-58
Number of pages: 16 Posted: 12 Sep 2013 Last Revised: 16 Aug 2014
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 58 (258,562)

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anarchy, Buchanan, federalism, individualism, secession, self-governance, social contract, sovereignty

19.

Rights to the Realm: Reconsidering Western Political Development

American Political Science Review 109(4) 2015: 725-734
Number of pages: 30 Posted: 29 Oct 2014 Last Revised: 29 Dec 2015
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 56 (202,409)

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Congleton, constitutional bargains, generality norm, liberalism, property rights, shareholder state

20.

Extended Shareholder Liability as a Means to Constrain Moral Hazard in Insured Banks

Quarterly Review of Economics and Finance, 2017, Volume 63: 153-160, GMU Working Paper in Economics No. 15-45
Number of pages: 30 Posted: 13 Aug 2015 Last Revised: 05 Mar 2017
Alexander William Salter, Vipin P. Veetil and Lawrence H. White
Texas Tech University - Rawls College of Business, Sorbonne University and George Mason University - Department of Economics
Downloads 51 (183,842)

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Bagehot Hypothesis, deposit insurance, double liability, moral hazard, triple liability, unlimited liability

21.

Currency Emergence in Absence of State Influence: The Case of Diablo II

Cosmos + Taxis, Vol. 2, No. 2, 2015
Number of pages: 23 Posted: 15 Dec 2013 Last Revised: 31 Mar 2015
Alexander William Salter and Solomon M. Stein
Texas Tech University - Rawls College of Business and George Mason University
Downloads 46 (286,786)

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Chartalist, medium of exchange, Menger, money emergence, online societies, state theory of money

22.

Sovereignty as Exchange of Political Property Rights

Public Choice 165(1) 2015: 79-96
Number of pages: 35 Posted: 09 Dec 2014 Last Revised: 12 Dec 2015
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 45 (286,786)

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Anarchy, Catallaxy, Constitutions, Politics as exchange, Polycentricity, Sovereignty

23.

Endogenous Currency Formation in an Online Environment: The Case of Diablo II

Review of Austrian Economics 29(1) 2016: 53-66
Number of pages: 22 Posted: 08 Dec 2013 Last Revised: 02 Mar 2016
Alexander William Salter and Solomon M. Stein
Texas Tech University - Rawls College of Business and George Mason University
Downloads 44 (300,662)

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Exchange frictions, epistemic frictions, Kiyotaki-Wright, medium of exchange, Menger, money emergence, online societies

24.

Debt Erosion and the Market Process

Economic Affairs 34(3) 2014: 370-378
Number of pages: 12 Posted: 26 Jul 2013 Last Revised: 01 Mar 2015
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 42 (234,689)

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debt erosion, constitutional political economy, free banking, monetary constitution, monetary equilibrium theory, market process economics

25.

Aggregates and Methodological Individualism: A Relational Approach

New Perspectives on Political Economy 9(1) 2013: 5-28
Number of pages: 32 Posted: 07 Sep 2012 Last Revised: 16 Aug 2014
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 40 (315,626)

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methodological individualism, aggregation, subjectivism, belief, meaning, Austrian economics

26.

Calculating Bandits: Quasi-Corporate Governance and Institutional Selection in Autocracies

Advances in Austrian Economics 19 2015: 193-213
Number of pages: 28 Posted: 07 Oct 2014 Last Revised: 10 Aug 2015
Alexander William Salter and Abigail Hall
Texas Tech University - Rawls College of Business and University of Tampa
Downloads 37 (310,418)

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Autocracy, Development, Economic Growth, Institutional Selection, Stationary Bandit, Singapore, United Arab Emirates

27.

Would a Free Banking System Stabilize NGDP Growth?

Number of pages: 23 Posted: 29 Apr 2015 Last Revised: 14 Dec 2017
Alexander William Salter and Andrew T. Young
Texas Tech University - Rawls College of Business and Texas Tech University - Rawls College of Business
Downloads 35 (202,409)

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Central banking, free banking, inflation, monetary constitution, nominal income targeting

28.

Calhoun's Concurrent Majority as a Generality Norm

Constitutional Political Economy 26(3) 2015: 375-390
Number of pages: 26 Posted: 12 Feb 2014 Last Revised: 02 Mar 2016
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 29 (343,604)

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Calhoun, concurrent majority, constitutional political economy, federalism, generality norm, majoritarianism, social compact, unanimity

29.

Celestial Anarchy

Cato Journal, Vol. 34, No. 3, 2014
Number of pages: 20 Posted: 17 Jan 2014 Last Revised: 01 Mar 2015
Alexander William Salter and Peter T. Leeson
Texas Tech University - Rawls College of Business and George Mason University - Department of Economics
Downloads 29 (346,590)

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Anarchy, Law Merchant, Outer Space Treaty, private governance, property rights, self-enforcing exchange, sovereignty, space commerce, space law

30.

Christian Anarchism: Communitarian or Capitalist?

Libertarian Papers. 4 (1): 151-162, 2012
Number of pages: 15 Posted: 17 Apr 2012
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 28 (365,367)

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Christianity, capitalism, socialism, pacifism, Sermon on the Mount

31.

Political Property Rights and Governance Outcomes: A Theory of the Corporate Polity

Journal of Private Enterprise, Forthcoming
Number of pages: 26 Posted: 21 Feb 2015 Last Revised: 12 Dec 2015
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 26 (197,485)

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Political property rights, predatory governance, private governance, productive governance

32.

Playing at Markets: A New Austrian Perspective on Macroeconomic Policy

Review of Austrian Economics, Vol. 30, No. 1, 2017
Number of pages: 19 Posted: 09 Jun 2015 Last Revised: 15 Mar 2017
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 17 (310,418)

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Catallaxy, emergence, institutions, Menger, New Austrian, praxeology

33.

Constitutional Drift and Political Dysfunction: Underappreciated Maladies of the Political Commons

Independent Review 21(4) 2017: 569-585
Number of pages: 24 Posted: 19 Jun 2015 Last Revised: 15 Mar 2017
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 15 (282,479)

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Constitutions, federalism, feedback, fiscal imbalance, political commons, polycentricity

34.

Private Prerogative, Public Purpose: Political Entrepreneurship and Management in Frederick the Great's Anti-Machiavel

Number of pages: 34 Posted: 21 Mar 2018
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 0 (487,828)

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Cameralism, enlightened absolutism, entrepreneurship, Frederick the Great, political entrepreneurship, public administration

35.

The Other Space Race: Some Law and Economics of Celestial Resource Appropriation

Georgia Journal of International and Comparative Law, Forthcoming
Number of pages: 25 Posted: 24 Feb 2018 Last Revised: 23 Mar 2018
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 0 (315,626)

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Asteroid mining, first possession, space law, space policy

36.

A Theory of Self-Governance: De Facto Constitutions as Filters

Number of pages: 28 Posted: 11 Dec 2017
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 0 (455,930)

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Democracy, Liberalism, Political Property Rights, Self-Governance

37.

Governing the Financial System: A Theory of Financial Resilience

Mercatus Working Paper
Number of pages: 44 Posted: 08 Dec 2017
Alexander William Salter and Vlad Tarko
Texas Tech University - Rawls College of Business and Dickinson College - Department of Economics
Downloads 0 (413,349)

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central banking, Elinor Ostrom, financial crisis, financial regulation, free banking, monocentric, polycentric, resilience

38.

Adaptation and Central Banking

AIER Sound Money Project Working Paper No. 2018-01
Number of pages: 28 Posted: 04 Aug 2017 Last Revised: 11 Mar 2018
Alexander William Salter and William J. Luther
Texas Tech University - Rawls College of Business and Kenyon College
Downloads 0 (305,430)

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Adaptation, Bailout, Central Bank, Motivation, Seigniorage, Selection, Research

39.

Political Economists or Political Economists? The Role of Political Environments in the Formation of Fed Policy Under Burns, Greenspan, and Bernanke

AIER Sound Money Project Working Paper No. 2018-04
Number of pages: 48 Posted: 24 Jul 2017 Last Revised: 02 Apr 2018
Alexander William Salter and Daniel J. Smith
Texas Tech University - Rawls College of Business and Sorrell College of Business, Troy University
Downloads 0 (185,968)

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Central banking, monetary policy, public choice, political economy

40.

Dead Ends and Living Currents: Distributism as a Progressive Research Program

Christian Libertarian Review, Forthcoming
Number of pages: 22 Posted: 15 Mar 2017 Last Revised: 08 Aug 2017
Gene Callahan and Alexander William Salter
SUNY Purchase College and Texas Tech University - Rawls College of Business
Downloads 0 (223,963)

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Catholic social teaching, distributism, price theory, property rights

41.

The Constitution of Economic Expertise: Social Science in the Public Square, Past and Present

Number of pages: 38 Posted: 01 Mar 2017 Last Revised: 28 Jan 2018
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 0 (266,124)

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Academy, bureaucracy, economics profession, managerial state, New England tradition, progressivism, Whig history

42.

Political Entrepreneurship, Emergent Dynamics, and Constitutional Politics

Review of Social Economy, Forthcoming, GMU Working Paper in Economics No. 17-09
Number of pages: 31 Posted: 21 Feb 2017 Last Revised: 05 Jan 2018
Alexander William Salter and Richard E. Wagner
Texas Tech University - Rawls College of Business and George Mason University - Department of Economics
Downloads 0 (219,584)

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open systems, political entrepreneurship, constitutional control, crooked timber of humanity, paradox of power, emergence

43.

Medieval Representative Assemblies: Collective Action and Antecedents of Limited Government

Constitutional Political Economy, Forthcoming
Number of pages: 39 Posted: 09 Feb 2017 Last Revised: 01 Feb 2018
Alexander William Salter and Andrew T. Young
Texas Tech University - Rawls College of Business and Texas Tech University - Rawls College of Business
Downloads 0 (213,975)

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medieval economic history, comparative economic development, medieval constitution, polycentric governance, political property rights, representative assemblies

44.

Money as Meta-Rule: Buchanan's Constitutional Economics as a Foundation for Monetary Stability

GMU Working Paper in Economics No. 16-49
Number of pages: 45 Posted: 08 Nov 2016 Last Revised: 02 Feb 2018
Peter J. Boettke, Alexander William Salter and Daniel J. Smith
George Mason University - Department of Economics, Texas Tech University - Rawls College of Business and Sorrell College of Business, Troy University
Downloads 0 (176,637)

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Central Banking; James M. Buchanan; Monetary Constitution; Monetary Stability; Federal Reserve; Rule

45.

Emergent Politics and Constitutional Drift: The Fragility of Procedural Liberalism

Journal of Entrepreneurship and Public Policy, Forthcoming
Number of pages: 34 Posted: 26 Sep 2016 Last Revised: 04 Sep 2017
Alexander William Salter and Glenn Furton
Texas Tech University - Rawls College of Business and Texas Tech University
Downloads 0 (349,582)

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Constitutional bargain, elite theory, formal constitution, informal constitution, politics as exchange, procedural liberalism

46.

Ordering the Cosmos: Private Law and Celestial Property Rights

Journal of Air Law and Commerce 82(2) 2017: 311-332
Number of pages: 27 Posted: 21 Sep 2016 Last Revised: 09 Oct 2017
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 0 (222,449)

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Law merchant, Outer Space Treaty, private law, sovereignty, SPACE Act, space commerce, space law

47.

Private Governance and the Pricing of Political Enterprises

Journal of Business Valuation and Economic Loss Analysis, Forthcoming
Number of pages: 25 Posted: 10 Aug 2016 Last Revised: 26 Nov 2016
Glenn Furton and Alexander William Salter
Texas Tech University and Texas Tech University - Rawls College of Business
Downloads 0 (372,081)

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Austrian economics, Dubai, market process, political pricing, private governance, Singapore

48.

Money and the Rule of Law

Review of Austrian Economics, Forthcoming
Number of pages: 32 Posted: 06 Jun 2016 Last Revised: 03 Jan 2017
Glenn Furton and Alexander William Salter
Texas Tech University and Texas Tech University - Rawls College of Business
Downloads 0 (286,786)

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Liberalism, Monetary Institutions, Monetary Policy, Rule of Law

49.

Polycentric Sovereignty: The Medieval Constitution, Governance Quality, and the Wealth of Nations

Number of pages: 39 Posted: 22 Feb 2016 Last Revised: 09 Oct 2017
Alexander William Salter and Andrew T. Young
Texas Tech University - Rawls College of Business and Texas Tech University - Rawls College of Business
Downloads 0 (152,901)

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Estates system, medieval Europe, political property rights, polycentricity, residual claimancy, sovereignty

50.

The Personal and the Political: Implications of Constitutional Entrepreneurship

NYU Journal of Law and Liberty 10(2) 2017: 587-607
Number of pages: 22 Posted: 22 Dec 2015 Last Revised: 15 Mar 2017
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 0 (372,081)

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Constitutional entrepreneurship, rational choice, robust political economy, virtue ethics

51.

Strategic Offsetting Behavior in the NBA: An Analysis of the Effects of the Mikan Rule

Journal of Sports Economics 18(2) 2017: 126-139
Number of pages: 20 Posted: 13 Dec 2015 Last Revised: 15 Mar 2017
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 0 (430,801)

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Basketball, economics of sports, Mikan rule, strategic offsetting behavior

52.

Bitcoin and the Bailout

Quarterly Review of Economics and Finance, Forthcoming
Number of pages: 18 Posted: 15 Nov 2015 Last Revised: 24 Jan 2017
William J. Luther and Alexander William Salter
Kenyon College and Texas Tech University - Rawls College of Business
Downloads 0 (153,662)

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bitcoin, cryptocurrency, currency competition, medium of exchange, money, payment system

53.

Polycentric Banking and Macroeconomic Stability

Business and Politics, Forthcoming
Number of pages: 41 Posted: 06 Nov 2015 Last Revised: 17 Nov 2016
Alexander William Salter and Vlad Tarko
Texas Tech University - Rawls College of Business and Dickinson College - Department of Economics
Downloads 0 (212,702)

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Central banking, clearinghouse, free banking, macroeconomic stability, monetary policy, polycentricity, robust political economy

54.

Going Beyond Monetary Constitutions: The Congruence of Money and Finance

Quarterly Review of Economics and Finance, Forthcoming
Number of pages: 27 Posted: 29 Oct 2015 Last Revised: 20 Nov 2017
Joshua R. Hendrickson and Alexander William Salter
University of Mississippi and Texas Tech University - Rawls College of Business
Downloads 0 (187,089)

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Commodity standard, depositors, extended liability, financial constitution, macroprudential policy, monetary constitution

55.

Some Political Economy of Monetary Rules

Independent Review 23(1) 2016: 443-464
Number of pages: 33 Posted: 08 Oct 2015 Last Revised: 02 Dec 2016
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 0 (323,545)

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Bennett McCallum, central banking, free banking, John Taylor, Milton Friedman, monetary policy, monetary theory, nominal income targeting, rule of law, rules vs. discretion

56.

Preventing Plunder: Military Technology, Capital Accumulation, and Economic Growth

Number of pages: 43 Posted: 28 Aug 2017
Joshua R. Hendrickson, Alexander William Salter and Brian Albrecht
University of Mississippi, Texas Tech University - Rawls College of Business and University of Minnesota - Twin Cities - Department of Economics
Downloads 40

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national defense, economic growth, military technology

57.

Options to the Realm: A Cost Neutral Proposal to Improve Political Incentives

Number of pages: 23 Posted: 14 Jul 2017
Joshua R. Hendrickson and Alexander William Salter
University of Mississippi and Texas Tech University - Rawls College of Business
Downloads 30

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political property rights, public choice, pensions, option pricing

58.

Expectations and NGDP Targeting: Supply-Side Problems with Demand-Side Policy

Journal of Private Enterprise, forthcoming
Number of pages: 25 Posted: 09 Oct 2014
Alexander William Salter and Thomas L. Hogan
Texas Tech University - Rawls College of Business and Rice University - Baker Institute for Public Policy
Downloads 134

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Aggregate Demand Stabilization, Expectations, Monetary Equilibrium, Monetary Policy, NGDP Targeting, Stagflation, Supply Side

59.

Doing Liberal Political Economy: James M. Buchanan as Exemplar

James M. Buchanan: A Theorist of Political Economy and Social Philosophy, ed. Richard E. Wagner, forthcoming.
Number of pages: 27
Glenn Furton and Alexander William Salter
Texas Tech University and Texas Tech University - Rawls College of Business
Downloads 0

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Constitutional political economy, James M. Buchanan, liberalism, pluralism, public choice, rationalism