Board of Directors

Paul-Martin Foss

Paul-Martin Foss is the founder, President, and Executive Director of the Carl Menger Center for the Study of Money and Banking, an Arlington, VA-based think tank dedicated to educating the American people on the importance of sound money and sound banking.

Prior to founding the Menger Center, Mr. Foss worked in the U.S. House of Representatives for seven years, including six years as Congressman Ron Paul’s legislative assistant for monetary policy and financial services, and one year as Deputy Legislative Director for Congressman Thomas Massie.

As Congressman Paul’s legislative assistant, he assisted the Congressman in his duties as Chairman of the Subcommittee on Domestic Monetary Policy by helping to develop hearing topics, agendas, and briefing Congressmen and their staffs on monetary policy topics. Mr. Foss also was responsible for the management of Dr. Paul’s monetary policy and financial services legislation, including the “Audit the Fed” and “End the Fed” bills, and was co-editor of Ron Paul’s Monetary Policy Anthology, a multi-thousand page compilation of hearing transcripts, lecture transcripts, and other documents related to Dr. Paul’s chairmanship.

Mr. Foss received his Bachelor’s degree from The University of the South (Sewanee), and Master’s degrees from the London School of Economics and Georgetown University’s Edmund A. Walsh School of Foreign Service.

Lew Rockwell

Lew Rockwell is the founder and Chairman of the Ludwig von Mises Institute in Auburn, AL, the world’s oldest, largest, and most influential educational institution devoted to promoting Austrian economics, freedom, and peace. Mr. Rockwell is one of the pre-eminent voices in the liberty movement today and his website,, is one of the most-read libertarian websites on the Internet.

Prior to his founding of the Mises Institute, Mr. Rockwell served as editorial assistant to Ludwig von Mises, and as chief of staff to Congressman Ron Paul. Mr. Rockwell founded the Mises Institute in 1982 and enjoyed the support of such giants in the liberty movement as F.A. Hayek, Henry Hazlitt, and Murray Rothbard.

Mr. Rockwell has edited a number of books, including The Economics of Liberty (1990), The Gold Standard: Perspectives in the Austrian School (1992), and The Irrepressible Rothbard (2000). He is the author of Speaking of Liberty (2003), The Left, The Right, and The State (2008), Fascism versus Capitalism (2013), and the newly-published Against the State: An Anarcho-Capitalist Manifesto (2014).

Joe Salerno

Dr. Joseph T. Salerno is one of the preeminent economists of the Austrian School of Economics. A professor of economics in the Finance and Graduate Economics Department in the Lubin School of Business of Pace University in New York, Dr. Salerno is also the editor of the Quarterly Journal of Austrian Economics and the Academic Vice President of the Ludwig von Mises Institute in Auburn, AL.

He is the author of Money: Sound and Unsound (2010) and has edited or co-edited several books including: Prices and Production and Other Works: F.A. Hayek on Money, the Business Cycle and the Gold Standard (2008), and A History of Money and Banking in the United States by Murray N. Rothbard (2005).

Dr. Salerno’s area of expertise is in monetary theory and policy, international monetary reform, and Austrian economics. He has testified before Congress on the topics of inflation and of fractional reserve banking, and has published numerous op-eds online at,,,, and

Dr. Salerno lectures frequently throughout the U.S. and internationally, and more than fifty of his lectures are available online. He is also frequently interviewed on broadcast and online radio shows including Bloomberg radio. He has appeared on CSPAN, Fox News, Fox Business Network, and New York Lawline television.

Dr. Salerno received his B.A. in economics from Boston College, and his M.A. and Ph.D. in economics from Rutgers University.