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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. 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
CommentarySocial Security and Medicare are heading toward insolvency. Congress has 6 years to act
By Steve H. Hanke and David M. WalkerJune 11, 2026
trump
CommentaryThe 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
CommentaryTrump 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
PoliticsChina 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
CommentaryAmerica 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
CommentaryAmerica’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
CommentaryThe world’s most — and least — miserable economies in 2025, ranked
By Steve H. HankeApril 16, 2026
congress
CommentaryCongress is violating the Constitution—and a $39 trillion debt is the proof
By Steve H. Hanke and David M. WalkerMarch 31, 2026
trump
CommentaryThe Treasury just declared the U.S. insolvent. The media missed it
By Steve H. Hanke and David M. WalkerMarch 23, 2026
trump
CommentaryThe 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
CommentarySomething will cause inflation to go up this year, but it’s not oil
By Steve H. Hanke and John GreenwoodMarch 9, 2026
trump
CommentaryTrump is set to throw another tariff tantrum at the state of the union. Economists know better
By Steve H. HankeFebruary 24, 2026
trump
CommentaryTrump’s tariffs: a lesson in economic and legal ignorance
By Steve H. HankeFebruary 23, 2026
Javier Milei, Donald Trump
CommentaryArgentina 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
FinanceIt’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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Personal Finance
Current price of silver as of Monday, June 15, 2026placeholder alt text
By Joseph HostetlerJune 15, 2026
Success
Team USA star Ricardo Pepi grew up in a trailer in El Paso—and his parents pawned their car title to fuel his soccer dream. Now, he’s in the World Cupplaceholder alt text
By Preston ForeJune 15, 2026
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