149. Has the U.S. Strayed From The Spirit of ‘76? What Is the “Common Good”? w Dr. Alex Salter | Let People Prosper Show Episode 51

Today, I'm honored to be joined by Dr. Alexander ("Alex") Salter, who is the Georgie G. Snyder Associate Professor of Economics in the Rawls College of Business at Texas Tech University.

Hello Friends,

Thank you for listening to the Let People Prosper podcast and for reading the newsletter for show notes and key economic insights.

We discuss:

1) Fascinating findings and research from his new book "The Spirit of 1776: Libertarianism and American Renewal," including how the current U.S. system of government has strayed from the Constitution and what we can learn from the founding fathers about compromise;

2) The true definition of the “common good” and why we can only achieve a free society through liberty and humanitarian virtues; and

3) Dr. Salter's opinion on the current economy, whether or not the U.S. is in a recession, and why he believes the dollar is seriously threatened.

Dr. Salter’s bio:

• Alexander William Salter is Comparative Economics Research Fellow at the Free Market Institute and Georgie G. Snyder Associate Professor of Economics in the Jerry S. Rawls College of Business Administration at Texas Tech University.

• Dr. Salter earned his B.A. in economics from Occidental College and his M.A. and Ph.D. in economics from George Mason University.

• Dr. Salter's research focuses on comparative political economy and institutional analysis. He is interested in monetary economics and macroeconomics, and especially the question of which monetary and macroeconomic institutions best promote economic stability. His research interests also include the economics of governance in the tradition of the Virginia School of political economy, investigating which governance rules effectively align the incentives of governors with the welfare of the governed.

• He has authored more than 70 scholarly publications and more than 100 articles for the general public. In 2021, Cambridge University Press published his first book (co-authored with Peter Boettke and Daniel Smith), Money and the Rule of Law: Generality and Predictability in Monetary Institutions.

• In addition to conducting scholarly research, Dr. Salter is a senior fellow with the American Institute for Economic Research's Sound Money Project and serves as an associate editor of The Journal of Private Enterprise.

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