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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.

The U.S. trade deficit: It’s time to dump do-it-yourself economics and go back to basics
Commentary
The U.S. trade deficit: It’s time to dump do-it-yourself economics and go back to basics
By Steve H. Hanke and Caleb HofmannApril 18, 2025
How to restore confidence in the U.S. dollar—and why it’s faltering in the first place
Commentary
How to restore confidence in the U.S. dollar—and why it’s faltering in the first place
By Steve H. Hanke and Matt SekerkeApril 16, 2025
Trump’s tariffs are not ‘common sense’—and they’re putting America’s credibility and ‘exorbitant privilege’ at risk
Commentary
Trump’s tariffs are not ‘common sense’—and they’re putting America’s credibility and ‘exorbitant privilege’ at risk
By Steve H. Hanke and Matt SekerkeApril 4, 2025
Trump’s tariffs are flawed and contradictory—and the ‘Mar-a-Lago accord’ is suited for the trash bin
Commentary
Trump’s tariffs are flawed and contradictory—and the ‘Mar-a-Lago accord’ is suited for the trash bin
By Steve H. Hanke and John A. TatomApril 1, 2025
Trump’s tariffs program is based on flawed assumptions about the trade deficit
Commentary
Trump’s tariffs program is based on flawed assumptions about the trade deficit
By Steve H. Hanke and Matt SekerkeMarch 19, 2025
China's Premier Li Qiang prepares to speak at the National People's Congress in Beijing last week.
Commentary
China has only one real way to hit its 2025 growth target
By Steve H. Hanke and Caleb HofmannMarch 11, 2025
Warren Buffett acts like the U.S. stock market is in bubble territory. He might be onto something
Commentary
Warren Buffett acts like the U.S. stock market is in bubble territory. He might be onto something
By Steve H. Hanke and Caleb HofmannMarch 5, 2025
Fed Chair Jerome Powell is trying to explain away the inflation rollercoaster—but money supply is absent from his script
Commentary
Fed Chair Jerome Powell is trying to explain away the inflation rollercoaster—but money supply is absent from his script
By John Greenwood and Steve H. HankeAugust 2, 2024
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