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Frank Shostak

Tags Booms and BustsFinancial MarketsMoney and BanksBusiness CyclesCapital and Interest TheoryMoney and Banking

Works Published inMises Daily ArticleQuarterly Journal of Austrian EconomicsAustrian Economics Newsletter

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, his master's degree from Witwatersrand University, and his PhD from Rands Afrikaanse University and has taught at the University of Pretoria and the Graduate Business School at Witwatersrand University.

All Works

Is a Recession Simply a Decline in GDP? What Does That Mean?

Booms and BustsEconomic PolicyInflationBusiness Cycles

Blog08/22/2022

The "official" definition of a recession is a two-consecutive-quarter decline in GDP, but there are problems with GDP measurement in the first place.

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Is Economic Growth Synonymous with Ecological Destruction? The NYT Gets It Wrong (Again)

Economic PolicyProperty RightsSocialism

08/21/2022Mises Media
The New York Times recently interviewed economist Herman Daly, who insists that economic growth is ecologically destructive. There is much more to the story.
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Will the US Dollar Weaken against Other Currencies?

InflationStrategy

Blog08/19/2022

For now, the dollar seems to be doing well against other currencies, but how long will that last?

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Profits Are Not Random. They're How Entrepreneurs Help Allocate Resources Efficiently.

Financial MarketsFree MarketsRationalism

08/16/2022Mises Media
The efficient market hypothesis, which is popular in neoclassical economics circles, holds that markets are so "efficient" that entrepreneurial profits are generated randomly.
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Is Economic Growth Synonymous with Ecological Destruction? The NYT Gets It Wrong (Again)

Economic PolicyProperty RightsSocialism

Blog08/13/2022

The New York Times recently interviewed economist Herman Daly, who insists that economic growth is ecologically destructive. There is much more to the story.

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