Charleston: "Where Have All the Capitalists Gone?" with Richard Salsman

27 Lockwood Drive,Charleston SC 29401

01 June, 2021

Description

Please join AIER’s Bastiat Society program in Charleston for an in-person event with AIER Senior Fellow, Richard M. Salsman. Please join AIER's Bastiat Society program in Charleston for an in-person event with AIER Senior Fellow, Richard M. Salsman. American officials have radically abridged civil and economic liberties over the past year, with few prospects for a reversal. It is only part of an intensifying hostility toward capitalism in the early decades of this century. Capitalism has become a scapegoat for a range of imagined personal grievances and societal ills. Not long ago, during the last two decades of the last century, the trend was toward capitalism. The U.S.S.R. collapsed and the Cold War ended peacefully. Freer systems (U.S. and U.K.) seemed victorious. Yet “intellectuals’' denounced the trend as “neo-liberalism” and helped revive anti-capitalist dogmas and policies, including Marxism, Keynesianism protectionism, nationalism, post-modernism, and racism. What explains this odd trend shift? Who were the pro-capitalist champions that created the 1980s and 1990s? Where have they gone? If they have legitimate heirs, why are they so quiet? Dr. Salsman answers these important questions. His key theme: capitalism requires a moral defense, not merely an economic one. This event is free and open to the public. Eventbrite registration required. _______________________ More about the speaker: Dr. Richard M. Salsman is an assistant professor of political economy at Duke University, founder and president of InterMarket Forecasting, Inc., a senior fellow at the American Institute for Economic Research, and a senior scholar at The Atlas Society. In the 1980s and 1990s he was a banker at the Bank of New York and Citibank and an economist at Wainwright Economics, Inc. Dr. Salsman has authored three books: Breaking the Banks: Central Banking Problems and Free Banking Solutions (1990), Gold and Liberty (1995), and The Political Economy of Public Debt: Three Centuries of Theory and Evidence (2017). His next book, Where Have all the Capitalists Gone? (2021) will be published by the American Institute for Economic Research. Dr. Salsman has authored a dozen chapters and scores of articles. His work has appeared in the Georgetown Journal of Law and Public Policy, Reason Papers, the Wall Street Journal, the New York Times, Forbes, the Economist, the Financial Post, the Intellectual Activist, and The Objective Standard. Dr. Salsman earned his B.A. in economics from Bowdoin College (1981), his M.A. in economics from New York University (1988), and his Ph.D. in political economy from Duke University (2012).