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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

The Problem with Cutting Taxes without Reducing Spending

Money and BanksMoney and Banking

Blog02/15/2019

Like taxation, government spending diverts resources from real wealth-generating ventures. Borrowed funds for continued spending must also be repaid, so current spending translates to future taxation.

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The Pseudo-Psychology Behind Monetary Policy

Money and BanksMoney and Banking

Blog02/09/2019

Regardless of expectations, tampering with the economy by means of monetary policies will always undermine the foundations of the real economy.

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The Difference between Money Supply & Liquidity

Blog02/02/2019

While many people talk about money and liquidity interchangeably, the reality is these are both very different concepts

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Government Spending Doesn't Create Economic Growth

Blog01/25/2019

Government spending doesn't create wealth. It destroys wealth.

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Why We Need Savings to Produce What We Need

Blog01/19/2019

The real value of saving is found in how much it supports and sustains the individuals who are engaged in various stages of production.

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