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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

Is Behavioral Economics Good Economics?

Austrian Economics OverviewOther Schools of Thought

Blog11/17/2017
Behavioral economists, while criticizing the mainstream economics for not being realistic, treats human beings as automatons.

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Government "Funding" Can't Grow the Economy

Blog11/10/2017
Government cannot increase its spending without hurting those who produce real wealth.

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Can Gradual Interest-Rate Tightening Prevent a Bust?

Money and BanksMoney and Banking

Blog11/02/2017
Tightening the money supply "too fast" is not what causes economic busts. Creating money "out of thin air" is the real problem.

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What Makes a Good Economic Model?

Blog10/25/2017
The best criteria for selecting a, economic model is not how well it worked in the past — but whether it is theoretically sound.

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The Fed Is Confused about What Drives Inflation

Blog10/16/2017
It is not the symptoms of a disease but rather the disease itself that causes the physical damage. The same is true of inflation.

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