Frank Shostak
Frank Shostak is an adjunct scholar of the Mises Institute and a frequent contributor to Mises.org. His consulting firm, Applied Austrian School Economics, provides in-depth assessments and reports of financial markets and global economies.
Frank Shostak Articles
Various tools and machinery that individuals have produced were produced in order to better produce consumer goods. The quantity and the quality of various tools and machinery—capital goods—places a limit on the quantity and the quality of...
It is widely held that a growing economy requires a growing money supply, because economic growth gives rise to a greater demand for money. It is also believed that failing to accommodate the increase in the demand for money, will lead to...
It seems that, for President Donald Trump, the key for economic growth is demand for goods and services. In this view, the greater the demand, the greater the supply is via production and consumer spending, and thus the greater the...
Most financial commentators are of the view that increases in the stock market translate to an increase in economic growth. The reason is because the increase in stock prices lifts consumer and business optimism, which, in turn, boosts...
Many economic commentators are of the view that the high level of debt poses a threat to the US economy. The debt-to-GDP ratio stood at 345.7 in Q3 2024 against 130.4 in Q1 1952 (see chart).
Often various factors are perceived to be important in determining a currency rate of exchange. For instance, for some commentators an increase in the government foreign debt is regarded as pointing to a likely deterioration in economic...
Most economic commentators are of the view that when an economy is starting to experience difficult times the central bank should provide support to the economy by means of large increases in money supply. These increases are expected to...
After closing at 0.54 percent in July 2020, the yield on the 10-year US Treasury Bond settled at 4.57 percent in December 2024. Some commentators believe that the massive increase in yields is because of a strong increase in inflationary...
If inflation is a general increase in prices, as most experts hold, then why is it regarded as bad news? What kind of damage does it do? Most experts are of the view that inflation causes speculative buying, which generates waste....
When signs of an economic weakness emerge, most “experts” are quick to recommend fiscal and monetary stimulus. Economic activity is presented in terms of the circular flow of money—spending by one individual becomes part of the earnings of...
