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Dr Frank Shostak

Dr Frank Shostak

Dr Frank Shostak is a leading Austrian economist and director of Applied Austrian School Economics Ltd, which aims to assess the direction of various markets using the Austrian School methodology. AASE aims to make Austrian economics accessible to businessmen.

Economics19 September 23<19 September 23

Time preference is the key driver of interest rates

By Dr Frank Shostak By popular thinking, whenever the central bank raises the growth rate of the money supply through the buying of financial…

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Economics1 September 23<1 September 23

Economic growth and savings 

By Dr Frank Shostak The US consumer sentiment index as compiled by the University of Michigan fell to 69.5 in August from 71.6 in…

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Economics14 August 23<14 August 23

Why supply precedes demand?

  In the market economy, wealth generators do not produce everything for their own consumption. Part of their production is used to exchange for…

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Economics8 August 23<8 August 23

Do monopolies cause price inflation?

By Dr Frank Shostak The jump in the yearly growth rate of the consumer price index the CPI from 5.4% in June 2021 to…

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Economics4 August 23<4 August 23

Economic crisis and high level of debt

By Dr Frank Shostak Many economic commentators view debt as a major risk factor as far as economic health is concerned. This way of…

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Economics17 July 23<17 July 23

Is deflation bad for the economy? 

By Dr Frank Shostak  For most experts, deflation is bad news since it generates expectations for a continued decline in prices. Because of this,…

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Economics5 July 23<2 July 23

Expectations and the Austrian Business Cycle Theory

According to the Austrian Business Cycle Theory (ABCT), the artificial lowering of interest rates by the central bank leads to a misallocation of resources…

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Economics13 June 23<13 June 23

The essence of price determination

By Dr Frank Shostak Why do individuals pay much higher prices for some goods versus other goods? The common reply to this is the…

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Economics30 May 23<20 May 23

Why more money can’t generate economic growth?

By Dr Frank Shostak The view that more money can revive an economy is based on the belief that money transmits its stimulatory effect…

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Economics8 May 23<8 May 23

Is the US banking crisis over?

By Dr Frank Shostak According to some commentators, the US banking crises is over. In addition, the Fed Chairman has vouched for the health…

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  • Home
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