Why people pay higher prices for some goods versus other goods?
By Dr Frank Shostak Why do individuals pay higher prices for some goods versus other goods? The common reply to this is the law…
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.
By Dr Frank Shostak Why do individuals pay higher prices for some goods versus other goods? The common reply to this is the law…
By Dr Frank Shostak By popular thinking a growing economy requires a growing money stock on the ground that economic growth gives rise to…
By Dr Frank Shostak Most economic commentators consider a softening in economic statistics such as gross domestic product (GDP) as indicative of a likely…
By Dr Frank Shostak By popular thinking, monopolies are seen as undermining individuals’ wellbeing. For instance, monopolies are being blamed for causing large increases…
By Dr Frank Shostak Some economic commentators are of the view that whenever the economy strengthens it should be the role of the Federal…
By Dr Frank Shostak In order to make the data “talk,” economists utilize a range of statistical methods that vary from highly complex models…
By Dr Frank Shostak A key factor that constrains people’s ability to generate goods and services is the scarcity of funding. Contrary to popular…
By Dr Frank Shostak By popular thinking, our knowledge of the world of economics is elusive – it is not possible to ascertain how…
By Dr Frank Shostak By popular economics, the key for businesses success is that they must pay attention to consumers’ wishes as manifested by…
By Dr Frank Shostak According to the British newspaper Daily Mail from February 8 2024 the US debt bomb is on the verge of…