Home | Profile | Frank Shostak
  • shostak_Frank2013.jpg

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

What Makes a Good Economic Model?

The best criteria for selecting a, economic model is not how well it worked in the past — but whether it is theoretically sound.

Read more

The Fed Is Confused about What Drives Inflation

It is not the symptoms of a disease but rather the disease itself that causes the physical damage. The same is true of inflation.

Read more

Tax Cuts Without Spending Cuts Won't Grow the Economy

The presence of central banks allows governments to cut tax rates without actually cutting effective taxation.

Read more

Why Does US Price Inflation Remain Relatively Subdued?

Money and BanksMoney and Banking

What matters here is not the price levels. What matters are the increases in money supply which undermine the real wealth generation process.

Read more

What Is the Correct Amount of Money?

Money and BanksMoney and Banking

Since the present monetary system is fundamentally unstable, there cannot be a "correct" money supply growth rate.

Read more

Shield icon audience