Alexander W. Salter

Senior Fellow, Sound Money Project

Alexander William Salter is the Georgie G. Snyder Associate Professor of Economics in the Rawls College of Business and the Comparative Economics Research Fellow with the Free Market Institute, both at Texas Tech University. He is a co-author of Money and the Rule of Law: Generality and Predictability in Monetary Institutions, published by Cambridge University Press. In addition to his numerous scholarly articles, he has published nearly 300 opinion pieces in leading national outlets such as the Wall Street Journal, National Review, Fox News Opinion, and The Hill.

Salter earned his M.A. and Ph.D. in Economics at George Mason University and his B.A. in Economics at Occidental College. He was an AIER Summer Fellowship Program participant in 2011.

Social Media

[email protected]

12/12/24

The FOMC Should Hold Rates Steady

Monetary policy remains tight. We have enough data to see a (hopefully temporary) stall in disinflation. FOMC should keep its target rate at 4.50 to 4.75 percent for now.

12/10/24

WSJ’s Prof. Blinder Misses Again on Inflation Analysis

Tariffs will cause a one-time price jump, but they won't cause sustained inflation. Central banks do that by raising total spending.

11/14/24

Don’t Dread Dwindling Disinflation

Both the growth of the money supply and the climb of consumer prices are are starting to level off.

11/12/24

Trump the Inflationist? Probably Not

Business costs and prices may rise sharply under his policies, but sustained dollar depreciation is unlikely.

10/28/24

Why Fed Reform Could Be the Biggest Sleeper Issue of 2024

The Fed's institutional flaws and failures trashed its credibility. It's time to rein in the central bank.

10/10/24

Disinflation Continued in September

The Fed needs to ensure it doesn’t inadvertently keep money tight for too long. Tomorrow’s downturn won’t fix yesterday’s inflation. It will just compound the misery.

9/11/24

Moderate Inflation Affirms Fed’s Path to Easing

"The Fed should ignore the political noise and follow the data. Central bankers failed to curb inflation, but that doesn’t mean they should deliberately make the opposite mistake now." ~Alexander W. Salter

9/9/24

Harris’s ‘Joy’ Would Cost US Dearly

"Economists have a duty to point out just how destructive these proposals are." ~Alexander W. Salter

8/14/24

Moderate Inflation Returns in July

"To judge whether monetary policy is loose, it is not enough to show that monetary aggregates are growing at historically low rates. What matters is whether the money supply is growing faster than money demand." ~Alexander W. Salter

8/7/24

There’s Nothing Conservative about Deficits and Debt

"Interest payments now suck up more of the federal budget, leaving less to spend on important political priorities. Since Republicans and Democrats disagree about what those priorities are, the resulting fiscal strain amplifies partisan divisions." ~Alexander W. Salter