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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

Krugman Is Wrong (Again): Artificially Low Interest Rates Created Bubbles

Economic PolicyThe FedInflationTaxes and SpendingU.S. Economy

07/16/2022Mises Media
Paul Krugman denies that the Fed artificially suppressed interest rates. As usual, Krugman neither understands interest rates nor the effects of inflationary policies.
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The Fed's Tightening Will Only Drag Out the Economic Slump

The FedInflationMonetary PolicyMoney and Banks

07/12/2022Mises Media
Tightening the interest rate hurts both bubble and solid businesses. The Fed should just focus on reducing the money supply.
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Inflation IS Money Supply Growth, Not Prices Denominated in Money

The FedInflationMoney Supply

Blog07/09/2022

A common error in economics is to label increases price increases inflation. Inflation actually is an increase in the money supply, and that increase leads ultimately to price hikes.

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Contra Ben Bernanke, the Gold Standard Promotes Economic Stability

Booms and BustsEconomic PolicyThe FedInflationMoney and Banks

07/06/2022Mises Media
Ben Bernanke once claimed that a monetary gold standard caused economic instability. He failed to mention that his fiat money standard causes the boom-and-bust cycles.
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Krugman Is Wrong (Again): Artificially Low Interest Rates Created Bubbles

The FedInflationCapital and Interest Theory

Blog07/05/2022

Paul Krugman denies that the Fed artificially suppressed interest rates. As usual, Krugman neither understands interest rates nor the effects of inflationary policies.

Read More