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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

Improving Expectations Won't Improve the Reality of Economic Conditions

Booms and Busts

Blog04/06/2018

Central banks can put in motion a prolonged deviation of expectations from the facts of reality. But they can't keep it up forever. 

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Why Mainstream Economists Don't See Recessions Coming

Money and BanksMoney and Banking

Blog04/03/2018

Recessions grow out of government and central-bank interventions that direct resources away from true wealth generating activities — and toward bubble activities.

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Money Pumping Works — Until It Doesn't

The FedMoney and Banking

Blog03/26/2018

Neither the Fed nor the government can grow the economy. They can only redistribute real wealth.

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Why Understanding Inflation Is So Important

Money and BanksMoney and Banking

Blog03/19/2018

Conflating "inflation" with a general rise in prices prevents understanding the true problem with inflation. 

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Why We Now Measure Gold in Dollars — and Not the Other Way Around

Global EconomyGold Standard

Blog03/10/2018

A major catalyst behind the collapse of the Bretton Woods system was the loose monetary policies of the US central bank, which pushed the price of gold in the gold market above the official $35 per ounce.

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