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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

Falling Prices Are a Good Thing

Money and BanksMoney and Banking

Blog9 hours ago
Entrepreneurs, in the pursuit of the price that will yield profits, will direct real funding towards the improvement of people’s lives and well-being.

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Is Inflation Driven more by "Expectations" than by the Money Supply?

Blog01/03/2018
Central bankers think that the inflation problem can be solved by managing expectations.

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The Myth of Insufficient Demand

Business CyclesPricesValue and Exchange

Blog12/30/2017
The more goods that an individual can produce the more goods he can demand, and thus acquire.

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Why Profit Is So Important

EntrepreneurshipValue and Exchange

Blog12/27/2017
Profit has nothing to do with exploitation. It is about the most efficient use of real funding or real savings.

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Will Cryptocurrencies Pass the Market Test?

Money and BanksMoney and Banking

Blog12/16/2017
It is not enough to have an established purchasing power. A particular thing — to be used as money — must also pass the market selection process.

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