Dr Frank Shostak

By Dr Frank Shostak For most commentators lending is associated with money. However, is this the case? We suggest that a lender lends savings…

By Dr Frank Shostak It is common for commentators and economists to refer to something called the “economy” – which sometimes performs well and…

By Dr Frank Shostak In his Philosophical Origins of Austrian Economics (Mises Institute Daily Articles June 17 2006), David Gordon writes that Bohm Bawerk…

By Dr Frank Shostak Most commentators’ regard savings as harmful to economic growth on the ground that savings are associated with fewer outlays.  These…

By Dr Frank Shostak In order to gain insight into the current and future state of an economy, many economists hold that it is…

By Dr Frank Shostak According to the Austrian Business Cycle Theory (ABCT), the boom-bust cycle emerges in response to a deviation in the market…

By  Dr Frank Shostak According to a popular way of thinking, the central bank can influence the rate of economic expansion by means of…

By  Dr Frank Shostak It is widely held that the central bank is a key factor in the determination of interest rates. By popular…

By Dr Frank Shostak The recent large increases in the growth rate of the US consumer price index (CPI) has fueled concerns that if…

By Dr Frank Shostak According to a relatively new field of economics called Behavioural Economics (BE), emotions play an important role in an individual’s…