Can easy monetary policies help to absorb idle resources?
By Dr Frank Shostak Resources that are utilized to promote economic prosperity in normal times become underutilized during recessions. Some experts are of the…
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.
The essence of boom-bust cycles
By Dr Frank Shostak Is it possible to ascertain the state of the economy by looking at the data? Most economists are of the…
Does demand create supply?
By Dr Frank Shostak According to John Maynard Keynes, The ideas of economists and political philosophers, both when they are right and when they are…
Raising interest rates is not the right tool to counter inflation
By Dr Frank Shostak There is almost complete unanimity among economists and various commentators that inflation is about general increases in the prices of…
The role of profits
By Dr Frank Shostak Some commentators regard profit as the outcome of exploitation of some individuals by some other individuals. Profit however, has nothing…
Asset prices and the pool of real savings
By Dr Frank Shostak We suggest that the heart of economic growth is an expanding subsistence fund or the pool of real savings. This…
Does the stock market drive economic growth?
By Dr Frank Shostak By a popular view, a strengthening in the stock market i.e. a general increase in the stock prices is considered…
Is inflation about price increases?
By Dr Frank Shostak Why is inflation regarded as bad news? What kind of damage does it do? Popular commentators maintain that inflation causes…
Should government strengthen regulations over monopolies ?
By Dr Frank Shostak By popular thinking, monopolies are seen as undermining individuals’ wellbeing. For instance, monopolies are being blamed for causing large increases…
Relation between general decline in prices and wealth
By Dr Frank Shostak A general decline in the prices of goods and services is regarded as bad news since it is seen to…