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Frank Shostak

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

Works Published inQuarterly Journal of Austrian EconomicsAustrian Economics NewsletterMises Daily Article

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.

All Works

Why Fiscal Stimulus Doesn't Create Real Economic Growth

Money and BanksMoney and Banking

Blog09/04/2018

Since the government is not a wealth generating entity, how can an increase in government outlays revive the economy?

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Why Do People Assign Value to Paper Money?

Blog08/23/2018

The acceptance of money is dictated by its previous purchasing power.

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How to Manipulate People with Interest Rates

Money and BanksMoney and Banking

Blog08/17/2018

It is not possible to generate something out of nothing as suggested by Keynes and his many followers.

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Does a Fall in Unemployment Lead to Stronger Economic Growth?

Money and BanksMoney and Banking

Blog08/13/2018

Ultimately, what matters for the well-being of individuals is not that they are employed as such, but their purchasing power in terms of the goods and services that they earn.

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Can Deflation Fix the Damage Done by Inflation?

Money and BanksMoney and Banking

Blog08/03/2018

Deflation can never repair the damage of a prior inflation. It would be like running someone over with a car, and then trying to fix the situation by backing up over the person again.

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