Frank Shostak is an

Austrian School The Austrian School is a heterodox school of economic thought that advocates strict adherence to methodological individualism, the concept that social phenomena result exclusively from the motivations and actions of individuals. Austrian school ...

economist. He is an adjunct scholar of the

Mises Institute Ludwig von Mises Institute for Austrian Economics, or Mises Institute, is a libertarian nonprofit think tank headquartered in Auburn, Alabama, United States. It is named after the Austrian School economist Ludwig von Mises (1881–1973). It wa ...

. His

consulting firm A consulting firm or simply consultancy is a professional service firm that provides expertise and specialised labour for a fee, through the use of consultants. Consulting firms may have one employee or thousands; they may consult in a broad range ...

, Applied Austrian School Economics, provides in-depth assessments and reports of financial markets and global economies.

Biography

Frank Shostak was born in

Riga Riga (; lv, Rīga , liv, Rīgõ) is the capital and largest city of Latvia and is home to 605,802 inhabitants which is a third of Latvia's population. The city lies on the Gulf of Riga at the mouth of the Daugava river where it meets the Ba ...

, Latvia. He received his bachelor's degree from Hebrew University in 1970, master's degree from

Witwatersrand University The University of the Witwatersrand, Johannesburg (), is a multi-campus South African public research university situated in the northern areas of central Johannesburg. It is more commonly known as Wits University or Wits ( or ). The university ...

in 1978 and PhD from Rands Afrikaanse University in 1983. Between 1974 and 1980 he was head of the econometric department at the Standard Bank in

Johannesburg Johannesburg ( , , ; Zulu and xh, eGoli ), colloquially known as Jozi, Joburg, or "The City of Gold", is the largest city in South Africa, classified as a megacity, and is one of the 100 largest urban areas in the world. According to Demo ...

. Between 1981 and 1985 he was head of the economic consulting firm "Econometrix". from 1986 to 2010 he had been employed as the chief economist of

Ord Minnett Ord Minnett is an Australian wealth management company. History Ord Minnett was founded in 1951 by Charles Ord and Jack Minnett. In 1969, Bankers Trust and Ord Minnett formed BT-Ord, a merchant bank with Ord Minnett having a 60% shareholding. Or ...

Jardine Fleming Futures, one of the largest Australian brokerage firms. from 2010 to 2012 he was chief economist at AAS Economics. from 2012 to 2015 he was chief economist at MMG economic&research. he had returned to AAS Economics in 2015. He is an adjunct scholar of the

Ludwig von Mises Institute Ludwig von Mises Institute for Austrian Economics, or Mises Institute, is a libertarian nonprofit think tank headquartered in Auburn, Alabama, United States. It is named after the Austrian School economist Ludwig von Mises (1881–1973). It wa ...

and a member of the board of editors of the Quarterly Journal of Austrian Economics. He is highly regarded for his skills to convert complex economic issues into plain English. He has written articles that have appeared in The Wall Street Journal and in academic journals in Europe and the US.

References

{{DEFAULTSORT:Shostak, Frank Austrian School economists Hebrew University of Jerusalem alumni Mises Institute people Living people Year of birth missing (living people)