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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

Purchasing Power and the Exchange Rate

Money and BanksMoney and Banking

Blog1 min ago

The key factor behind the rate-of-exchange determination is the relative purchasing power of various monies.

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Is Technological Know-How the Key to Economic Growth?

Blog10/16/2018

To obtain more economic growth, what is needed is a supply of saved capital to put the advanced technological methods into effect.

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The Phillips Curve Myth

Blog10/09/2018

The Phillips curve cannot be a basis for a sound theory of what sets in motion price inflation.

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Can Seasonal Adjustments Help Us Understand the Economy?

Money and BanksMoney and Banking

Blog10/06/2018

All the sophisticated quantitative methods by themselves can't help us understand the cause-and-effect of what's behind the boom-and-bust cycle.    

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GDP Growth Is Not the Same Thing as Real Economic Growth

Money and BanksMoney and Banking

Blog09/25/2018

A strong GDP growth rate, in most cases, is likely to be associated with the intensive squandering of the pool of real wealth.

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