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Photo of Steve H. Hanke

Steve H. Hanke

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Steve H. Hanke is a professor of applied economics at Johns Hopkins University and senior contributing columnist at Fortune. He served on President Ronald Reagan’s Council of Economic Advisers. Known as “the Money Doctor,” he’s advised presidents and prime ministers for over 40 years.

bessent
Commentary
Social Security and Medicare are heading toward insolvency. Congress has 6 years to act
By Steve H. Hanke and David M. WalkerJune 11, 2026
trump
Commentary
The deficit just grew by $955 billion in 7 months. It’s time for a constitutional fix to control the budget
By Steve H. Hanke and David M. WalkerMay 14, 2026
trump
Commentary
Trump thinks he’s flying to Beijing with leverage. China spent 6 years making sure he doesn’t have any
By Steve H. HankeMay 10, 2026
trump
Politics
China has a welcome mat for Trump: it just rewrote the rules on U.S. sanctions
By Steve H. Hanke and Jeffrey WengMay 4, 2026
hegseth
Commentary
America shot its arsenal empty in 2 wars. Now it needs Beijing’s permission to reload
By Steve H. Hanke and Jeffrey WengApril 30, 2026
trump
Commentary
America’s national debt is heading to 175% of GDP. Here’s why no president—including Trump—has the will to stop it
By Steve H. Hanke and David M. WalkerApril 22, 2026
venezuela
Commentary
The world’s most — and least — miserable economies in 2025, ranked
By Steve H. HankeApril 16, 2026
congress
Commentary
Congress is violating the Constitution—and a $39 trillion debt is the proof
By Steve H. Hanke and David M. WalkerMarch 31, 2026
trump
Commentary
The Treasury just declared the U.S. insolvent. The media missed it
By Steve H. Hanke and David M. WalkerMarch 23, 2026
trump
Commentary
The U.S. just hit $39 trillion in debt. Here’s the constitutional fix that Congress won’t touch
By Steve H. Hanke and David M. WalkerMarch 20, 2026
trump
Commentary
Something will cause inflation to go up this year, but it’s not oil
By Steve H. Hanke and John GreenwoodMarch 9, 2026
trump
Commentary
Trump is set to throw another tariff tantrum at the state of the union. Economists know better
By Steve H. HankeFebruary 24, 2026
trump
Commentary
Trump’s tariffs: a lesson in economic and legal ignorance
By Steve H. HankeFebruary 23, 2026
Javier Milei, Donald Trump
Commentary
Argentina passes the begging bowl, again
By Steve H. HankeOctober 13, 2025
It’s time to unmask the Trump tariffs for what they really are: A giant national sales tax that will hobble U.S. economic growth
Finance
It’s time to unmask the Trump tariffs for what they really are: A giant national sales tax that will hobble U.S. economic growth
By Steve H. Hanke and Shawn TullyAugust 26, 2025
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