Pascal Salin

Pascal Salin (born May 16, 1939) is a French economist, professor emeritus at the Université Paris-Dauphine and a specialist in public finance and monetary economics. He is a former president of the Mont Pelerin Society (1994 to 1996).

Pascal Salin (born May 16, 1939) is a French economist, professor emeritus at the Université Paris-Dauphine and a specialist in public finance and monetary economics. He is a former president of the Mont Pelerin Society (1994 to 1996).

Work

In the 1960s and 1970s, Salin was influenced by Milton Friedman and monetarism, Jacques Rueff and his view of the international monetary order, as well as Harry Gordon Johnson and his monetary approach to the balance of payments. Robert Mundell's work also played a part in Salin's own approach to economics, especially regarding the topics of supply-side economics and optimum currency areas. Salin aided in awarding Mundell the degree of Doctor Honoris Causa from the Université de Paris-Dauphine in 1992. Salin and his colleague, Emil-Maria Claassen, contributed to the European research on these subjects throughout the 1960s and 1970s. Salin later became interested in the Austrian school of economics. In addition to Friedrich Hayek, who was one of Salin's intellectual mentors, Salin has been influenced by the works of Frédéric Bastiat, Israel Kirzner, Ludwig von Mises, Murray Rothbard, and Jean-Baptiste Say. Salin opposes full-reserve banking and supports unregulated free banking and fractional reserves. He rejects the theory of John Maynard Keynes and sees it as an aberration in the evolution of economic ideas.

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