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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, 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

Does Government Spending Create More Economic Growth?

Money and BanksTaxes and SpendingMoney and Banking

Blog09/04/2017
A cut in government outlays is great news for wealth generators and to the economy.

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What Is the Liquidity Trap?

Money and BanksMoney and Banking

Blog08/27/2017
"Too little spending" does not cause recessions. On the contrary, too much spending spurred by central bank meddling is what leads to booms and busts.

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The Relationship Between Saving and Money

Money and Banking

Blog08/18/2017
It is not money that funds economic activity but the saved pool of final consumer goods. Money only facilitates the flow of the real savings.

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Do Seasonal Adjustments Help Identify Business Cycles?

Booms and BustsBusiness Cycles

Blog08/17/2017
Without a coherent theory based on purposeful human action, it is not possible to begin to understand the causes of business cycles.

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Employment Is Not the Key to Economic Growth

Labor and WagesBusiness Cycles

Blog08/11/2017
Fixing unemployment without addressing the issue of real savings cannot increase the pace of economic growth.

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