Richard Salsman

Objectivist movement

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Theorists Ayn Rand Andrew Bernstein Harry Binswanger Nathaniel Branden · Yaron Brook Allan Gotthelf · David Kelley Tibor R. Machan Leonard Peikoff · George Reisman John Ridpath · Richard Salsman Tara Smith
Literature Capitalism: The Unknown Ideal For the New Intellectual Introduction to Objectivist Epistemology The New Left Objectivism: The Philosophy of Ayn Rand Philosophy: Who Needs It The Romantic Manifesto The Virtue of Selfishness The Voice of Reason Objectivist periodicals Journal of Ayn Rand Studies
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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,^[2] 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,^[3] 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,^[4] and his homages to the ideas of Jean-Baptiste Say.^[5]

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.

2009. "Altruism: The Moral Root of the Financial Crisis" in "The Objective Standard", ISSN 1559-1905
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.

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).

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