PhD in Economics

Alexander William Salter, 2014

Alexander William Salter

Alexander’s research primarily focuses on the political economy of monetary institutions and policy.  His dissertation explored the properties necessary for a monetary policy regime to be “robust,” meaning its ability to function well even when individuals face less-than-ideal incentives and possess less-than-perfect information.  He concludes that modern discretionary central banking is inherently fragile, and recommends regimes that rely more heavily on the information- and incentive-aligning features of the market in order to achieve a robust monetary-institutional order, and hence macroeconomic stability. 

In addition to monetary theory and policy, Alexander is interested in public choice and constitutional political economy in the tradition of the Virginia School, exemplified by the scholarship of James Buchanan and Gordon Tullock.  He is currently working on projects related to the political economy of federalism, secession, constitutional monarchy, and radical self-governance. 

Alexander’s academic papers have been published or are forthcoming in the Journal of Money, Credit and Banking, the Review of Austrian Economics, the Journal of Public Finance and Public Choice, and other outlets.  He has presented his research at numerous conferences, such as the Southern Economic Association annual meeting and the Public Choice Society annual meeting.  He is also the author of over a dozen popular essays and opinion editorials appearing in outlets such as the Freeman and Future of Freedom.

The Department of Economics awarded Alexander with its two distinguishing graduate student awards: William P. Snavely Award for Outstanding Achievement in Graduate Studies, and the Israel M. Kirzner Award for Outstanding Dissertation in Austrian Economics. He is also the winner of the European Center of Austrian Economics Foundation's Vernon Smith Prize. 

Beginning in Fall 2014, Alexander will be an Assistant Professor of Economics at Berry College.  He is excited to continue instructing students in the economic way of thinking and conducting research that advances our understanding of voluntary exchange and the division of labor.    


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