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

77

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171

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131

Scholarly Papers (77)

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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 748 (39,840)
Citation 17

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2.

State Capacity and Economic Development: Causal Mechanism or Correlative Filter?

Journal of Economic Behavior and Organization, Forthcoming
Number of pages: 39 Posted: 03 Dec 2018 Last Revised: 20 Dec 2019
Vincent Geloso and Alexander William Salter
Bates College and Texas Tech University - Rawls College of Business
Downloads 441 (78,209)
Citation 10

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State Capacity, Economic Development, Public Goods

3.

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

Social Science Quarterly, Forthcoming
Number of pages: 25 Posted: 22 Feb 2016 Last Revised: 01 Aug 2018
Alexander William Salter and Andrew T. Young
Texas Tech University - Rawls College of Business and Texas Tech University - Rawls College of Business
Downloads 385 (91,658)
Citation 20

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

4.

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 Florida Atlantic University
Downloads 382 (92,530)
Citation 5

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

5.

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
American Institute for Economic Research, University of New Orleans and Texas Tech University - Rawls College of Business
Downloads 347 (103,159)
Citation 5

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

6.

Evolution, Uncertainty, and the Asymptotic Efficiency of Policy

AIER Sound Money Project Working Paper No. 2020-15
Number of pages: 26 Posted: 11 Oct 2018 Last Revised: 03 Feb 2021
Brian C. Albrecht, Joshua R. Hendrickson and Alexander William Salter
Kennesaw State University - Department of Economics and Finance, University of Mississippi and Texas Tech University - Rawls College of Business
Downloads 326 (110,697)
Citation 3

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Real Option, Political Coase Theorem, Evolution, Efficiency, Alchian

7.

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 Florida Atlantic University
Downloads 301 (120,643)
Citation 4

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

8.

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 297 (122,276)
Citation 9

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

9.

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

GMU Working Paper in Economics No. 16-49, Public Choice 176(3) 2018: 529-555, AIER Sound Money Project Working Paper No. 2018-12
Number of pages: 46 Posted: 08 Nov 2016 Last Revised: 28 Sep 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 Political Economy Research Institute and Department of Economics and Finance at Middle Tennessee State University
Downloads 283 (128,631)
Citation 3

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

10.

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
Florida Atlantic University and Texas Tech University - Rawls College of Business
Downloads 270 (135,082)
Citation 9

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

11.

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 252 (144,884)
Citation 1

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

12.

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 251 (145,462)
Citation 2

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

13.

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 217 (167,297)

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

14.

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 215 (168,761)
Citation 11

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

15.

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

Quarterly Review of Economics and Finance, 71(1) 2019: 1-13, AIER Sound Money Project Working Paper No. 2018-04
Number of pages: 46 Posted: 24 Jul 2017 Last Revised: 16 May 2019
Alexander William Salter and Daniel J. Smith
Texas Tech University - Rawls College of Business and Political Economy Research Institute and Department of Economics and Finance at Middle Tennessee State University
Downloads 191 (188,324)
Citation 3

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Central banking, monetary policy, public choice, political economy

16.

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 189 (190,074)
Citation 2

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Constitutional political economy, democracy, efficiency, monarchy, Liechtenstein

17.

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 188 (191,002)

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Catholic social teaching, distributism, price theory, property rights

18.

Would a Free Banking System Stabilize NGDP Growth?

Quarterly Review of Economics and Finance, Forthcoming
Number of pages: 17 Posted: 29 Apr 2015 Last Revised: 01 May 2018
Alexander William Salter and Andrew T. Young
Texas Tech University - Rawls College of Business and Texas Tech University - Rawls College of Business
Downloads 185 (193,820)
Citation 6

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

19.

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, Indian Institute of Technology Madras and George Mason University - Department of Economics
Downloads 182 (196,640)
Citation 3

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

20.

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

Journal of Private Enterprise, forthcoming
Number of pages: 25 Posted: 09 Oct 2014 Last Revised: 21 Apr 2018
Alexander William Salter and Thomas L. Hogan
Texas Tech University - Rawls College of Business and American Institute for Economic Research
Downloads 182 (196,640)
Citation 2

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

21.

Book Review: Aquinas and the Market: Toward a Humane Economy by Mary Hirschfeld

Christian Libertarian Review, Forthcoming
Number of pages: 12 Posted: 06 Dec 2018
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 180 (198,516)

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Aquinas, Christianity, Economics of Religion, Religious Economics, Theology, Thomism

22.

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

Journal of Public Finance and Public Choice, Forthcoming
Number of pages: 36 Posted: 11 Dec 2017 Last Revised: 05 Feb 2019
Alexander William Salter and Justin T Callais
Texas Tech University - Rawls College of Business and Texas Tech University, College of Agricultural Sciences and Natural Resources, Department of Agricultural and Applied Economics, Students
Downloads 176 (202,447)

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Democracy, Liberalism, Political Property Rights, Self-Governance

23.

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 176 (202,447)
Citation 23

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

24.

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

Number of pages: 47 Posted: 28 Aug 2017 Last Revised: 22 Jul 2018
Joshua R. Hendrickson, Alexander William Salter and Brian C. Albrecht
University of Mississippi, Texas Tech University - Rawls College of Business and Kennesaw State University - Department of Economics and Finance
Downloads 175 (203,420)
Citation 7

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national defense, economic growth, military technology

25.

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 173 (205,448)
Citation 3

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

26.

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 160 (219,480)
Citation 3

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

27.

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 158 (221,838)
Citation 15

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

28.

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 150 (231,578)
Citation 3

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

29.

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

Downloads 148 (235,407)
Citation 4

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 117 (283,612)
Citation 1

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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 31 (555,983)
Citation 4

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

30.

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 148 (234,109)
Citation 3

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Central banking, constitutional political economy, free banking, monetary constitution, NGDP targeting, robust political economy

31.

The Federal Reserve's Response to the COVID-19 Contraction: An Initial Appraisal

AIER Sound Money Project Working Paper No. 2021-01
Number of pages: 43 Posted: 09 Nov 2020 Last Revised: 03 Feb 2021
Nicolas Cachanosky, Bryan Cutsinger, Thomas L. Hogan, William J. Luther and Alexander William Salter
Metropolitan State University of Denver, Angelo State University - Accounting, Economics and Finance Department, American Institute for Economic Research, Florida Atlantic University and Texas Tech University - Rawls College of Business
Downloads 147 (235,407)
Citation 2

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COVID-19, credit allocation, Federal Reserve, lending facilities, monetary policy

32.

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 University of Arizona - Department of Political Economy and Moral Science
Downloads 144 (239,374)
Citation 8

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

33.

Space Debris: A Law and Economics Analysis of the Orbital Commons

MERCATUS WORKING PAPER
Number of pages: 27 Posted: 07 Jun 2018
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 142 (242,173)
Citation 3

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34.

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

Downloads 141 (243,490)
Citation 8

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 Political Economy Research Institute and Department of Economics and Finance at Middle Tennessee State University
Downloads 140 (245,660)
Citation 3

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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 Political Economy Research Institute and Department of Economics and Finance at Middle Tennessee State University
Downloads 1 (792,187)
Citation 1
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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 140 (244,899)

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Asteroid mining, first possession, space law, space policy

36.

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 139 (246,353)
Citation 3

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

37.

Adaptation and Central Banking

AIER Sound Money Project Working Paper No. 2018-01
Number of pages: 28 Posted: 04 Aug 2017 Last Revised: 22 May 2018
Alexander William Salter and William J. Luther
Texas Tech University - Rawls College of Business and Florida Atlantic University
Downloads 130 (259,489)
Citation 7

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

38.

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 124 (268,886)
Citation 1

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

39.

Governing the Banking System: An Assessment of Resilience Based on Elinor Ostrom’s Design Principles

Journal of Institutional Economics, November 19, 2018, 1-15 doi:10.1017/S1744137418000401
Number of pages: 34 Posted: 29 Aug 2018 Last Revised: 03 Dec 2018
Alexander William Salter and Vlad Tarko
Texas Tech University - Rawls College of Business and University of Arizona - Department of Political Economy and Moral Science
Downloads 112 (289,302)
Citation 6

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Central Banking, Elinor Ostrom, Financial Crisis, Financial Regulation, Free Banking

40.

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 111 (291,081)
Citation 6

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

41.

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

Christian Libertarian Review, Forthcoming
Number of pages: 21 Posted: 01 Mar 2017 Last Revised: 01 Nov 2018
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 110 (292,902)

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

42.

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
Florida Atlantic University and Texas Tech University - Rawls College of Business
Downloads 110 (292,902)
Citation 2

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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

43.

A Theory of Why the Ruthless Revolt

Downloads 108 (296,784)
Citation 2

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 107 (300,510)

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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 (792,187)
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44.

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 106 (300,656)

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

45.

Ideologies, Institutions, and Interests: Why Economic Ideas Don’t Compete on a Level Playing Field

The Independent Review, Forthcoming.
Number of pages: 23 Posted: 25 Apr 2019 Last Revised: 11 Jun 2020
Justin T Callais and Alexander William Salter
Texas Tech University, College of Agricultural Sciences and Natural Resources, Department of Agricultural and Applied Economics, Students and Texas Tech University - Rawls College of Business
Downloads 104 (304,533)
Citation 2

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economics profession, state, academics, marketplace of ideas, Keynesian, Progressivism

46.

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 104 (304,533)

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

47.

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 104 (304,533)
Citation 2

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

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
Department of Agricultural and Applied Economics and Texas Tech University - Rawls College of Business
Downloads 103 (306,506)

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Liberalism, Monetary Institutions, Monetary Policy, Rule of Law

49.

Rawlsian Originalism

Jurisprudence, forthcoming
Number of pages: 32 Posted: 09 Aug 2018 Last Revised: 24 Dec 2018
Brian Kogelmann and Alexander William Salter
University of Arizona - Department of Philosophy and Texas Tech University - Rawls College of Business
Downloads 97 (318,800)

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Constitution, Judiciary, Living Constitution, Originalism, Public Reason, Rawls

50.

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 95 (323,109)

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

51.

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 92 (329,721)
Citation 14

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

52.

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 83 (351,235)

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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

53.

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 83 (351,235)
Citation 1

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

54.

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 Bellarmine University - W. Fielding Rubel School for Business
Downloads 82 (353,814)
Citation 9

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

55.

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 78 (364,286)

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

56.

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

Downloads 75 (372,580)
Citation 2

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 75 (376,607)

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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

57.

The Fundamental Coase of Development: Property Rights Foundations of the Effective State

Journal of Institutional Economics, forthcoming
Number of pages: 38 Posted: 20 Jun 2019 Last Revised: 12 May 2020
Ennio Emanuele Piano and Alexander William Salter
Middle Tennessee State University and Texas Tech University - Rawls College of Business
Downloads 74 (375,404)
Citation 1

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58.

Governing the Financial System: A Theory of Financial Resilience

Mercatus Working Paper, November 2017
Number of pages: 47 Posted: 08 Dec 2017
Alexander William Salter and Vlad Tarko
Texas Tech University - Rawls College of Business and University of Arizona - Department of Political Economy and Moral Science
Downloads 74 (375,404)
Citation 3

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

59.

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 73 (378,220)

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

60.

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 72 (381,100)

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

61.

A Theory of Self-Enforcing Monetary Constitutions With Reference to the Suffolk System, 1825–1858

AIER Sound Money Project Working Paper No. 2018-14, Journal of Economic Behavior and Organization, Forthcoming
Number of pages: 33 Posted: 16 May 2018 Last Revised: 21 Oct 2018
Alexander William Salter and Andrew T. Young
Texas Tech University - Rawls College of Business and Texas Tech University - Rawls College of Business
Downloads 71 (384,061)
Citation 7

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Free Banking, Monetary Constitution, Political Property Rights, Polycentricity, Sovereignty, Suffolk System

62.

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 70 (386,996)

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

63.

Institutional Resilience in Banking Systems

LIBERTAS: SEGUNDA ÉPOCA, Forthcoming, AIER Sound Money Project Working Paper No. 2019-02
Number of pages: 18 Posted: 02 Dec 2018 Last Revised: 18 Apr 2019
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 67 (396,225)

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Banking, Finance, Financial Crisis, Free Banking, Macroprudential, Polycentricity

64.

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 Department of Agricultural and Applied Economics
Downloads 66 (399,348)
Citation 2

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

65.

Sovereign Entrepreneurship

Journal of Entrepreneurship and Public Policy, Forthcoming
Number of pages: 34 Posted: 24 May 2018 Last Revised: 07 Oct 2018
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 65 (402,571)
Citation 1

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entrepreneurship, political entrepreneurship, property rights, residual claimancy, sovereign, theory of the firm

66.

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

Contemporary Economic Policy, Forthcoming
Number of pages: 31 Posted: 14 Jul 2017 Last Revised: 06 Oct 2019
Joshua R. Hendrickson and Alexander William Salter
University of Mississippi and Texas Tech University - Rawls College of Business
Downloads 60 (419,028)
Citation 1

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political property rights, public choice, pensions, option pricing

67.

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

Journal of Private Enterprise, Forthcoming
Number of pages: 34 Posted: 21 Mar 2018 Last Revised: 20 Oct 2019
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 59 (422,492)
Citation 2

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

68.

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
Department of Agricultural and Applied Economics and Texas Tech University - Rawls College of Business
Downloads 53 (443,991)

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

69.

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 52 (447,687)
Citation 2

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

70.

Constitutionalism, Liberalism, and Political Entrepreneurship

Advances in Austrian Economics, Forthcoming
Number of pages: 28 Posted: 23 Apr 2019 Last Revised: 13 Apr 2020
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 50 (455,362)

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Contractarianism, Constitution, Entrepreneurship, James Buchanan, Market Process Economics, Political Entrepreneurship

71.

Settling the Final Frontier: The ORBIS Lease and the Possibilities of Proprietary Communities in Space

Journal of Air Law and Commerce, Forthcoming
Number of pages: 37 Posted: 25 Feb 2019 Last Revised: 07 Mar 2019
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 48 (463,242)

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Outer Space Treaty, Proprietary Communities, Space Law, Space Policy, Space Colonization

72.

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 Posted: 29 Apr 2018
Glenn Furton and Alexander William Salter
Department of Agricultural and Applied Economics and Texas Tech University - Rawls College of Business
Downloads 48 (463,242)

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

73.

Political Property Rights and Entangled Political Economy

Emergence, Entanglement, and Political Economy, eds. David Hebert and Diana Thomas. Springer, Forthcoming
Number of pages: 20 Posted: 01 Nov 2018 Last Revised: 14 Apr 2020
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 37 (511,568)

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constitutional political economy, entangled political economy, political property rights, public choice

74.

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 36 (516,313)

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

75.

Malignant Monetary Monocentricity

Independent Review, Forthcoming, AIER Sound Money Project Working Paper No. 2020-04
Number of pages: 25 Posted: 08 Feb 2020
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 34 (526,357)

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central banking, democracy, monetary policy, polycentricity, self-governance

76.

An Introduction to Monetary Policy Rules

MERCATUS WORKING PAPER
Number of pages: 41 Posted: 07 Jun 2018
Alexander William Salter
Texas Tech University - Rawls College of Business
Downloads 24 (583,628)
Citation 4

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77.

The Super-Alertness of Central Banks

Review of Austrian Economics, Forthcoming
Number of pages: 27 Posted: 15 Feb 2019
Nicolas Cachanosky and Alexander William Salter
Metropolitan State University of Denver and Texas Tech University - Rawls College of Business
Downloads 7 (703,092)
Citation 1

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Free Banking, Central Banking, Alertness, Super-Alertness, Monetary Equilibrium