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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

"Price Stability" Is a Trick — It Actually Ruins Wealth

Money and BanksCapital and Interest Theory

Blog07/31/2018

The Fed's policy of price stability, as in the 1920s, may catch economists again unaware of the damage inflicted by this policy.

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Saving, not Technology, Is the Key to Economic Growth

Money and BanksMoney and Banking

Blog07/20/2018

The real impediment to economic growth has been the relentless central bank tampering with financial markets. 

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Economic Growth Isn't the Cause of Inflation

The FedMoney and Banking

Blog06/30/2018

A fall in prices is the manifestation of real wealth expansion. General price inflation, on the other hand, results from monetary pumping. 

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Problems with Mainstream Theories of Supply and Demand

Value and Exchange

Blog06/28/2018

Despite its great appeal because of its simplicity, the supply-demand graphic as employed by mainstream economics is a tool that is detached from the facts of reality.

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