Frank Shostak

Frank Shostak is an Associated Scholar of the Mises Institute. His consulting firm, Applied Austrian School Economics, provides in-depth assessments and reports of financial markets and global economies. He received his bachelor's degree from Hebrew University, master's degree from Witwatersrand University and PhD from Rands Afrikaanse University, and has taught at the University of Pretoria and the Graduate Business School at Witwatersrand University.

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Does a Falling Money Supply Cause Economic Slumps?

Money and BanksMoney and Banking

Blog11/13/2018Frank Shostak

As the foundation of the economy weakens, bank lending weakens also. And then money begins to disappear from the banking system.

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In a Bubble Economy, Capital Goods Aren't Always a Good Thing

Blog11/02/2018Frank Shostak

The more aggressive the central bank’s loose monetary stance is the more drainage of real wealth takes place and the less real wealth is left at the disposal of true wealth generators.