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
For the time being, the Fed’s decision makers have decided to keep the federal funds rate target unchanged at 1.75 percent. They hinted, however, that if the economy were to slow further, they would lower the rate.
Some commentators have...
Politicians intent on re-election have stirred up a media frenzy over "corporate governance," exploiting the bankruptcies of a handful of companies like Enron and Worldcom. New accounting industry and corporate financial reporting rules...
With the recent meltdown in stock prices, some economists have said that there is no need to be concerned because the stock market does not reflect what is happening to the economy. (Curiously enough, when the stock market was going up, it...
According to "supply-side" economics, the key to economic growth and prosperity is low marginal tax rates. However, the supply-side school also maintains that a low marginal tax rate will not be sufficient, that it must be accompanied by a...
Does lack of money cause depressions?
In his writings Milton Friedman blamed the central bank policies for causing the Great Depression. According to Friedman the Federal Reserve failed to pump enough reserves into the banking system to...
