Fortune

Steve H. Hanke

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.

Commentary Monetary policy is not about interest rates, it’s about the money supply

By Steve H. Hanke and John GreenwoodAugust 21, 2025

Commentary The Money Doctor and ‘Captain Pakistan’: Steve Hanke on his last call with Imran Khan and the doom loop gripping Pakistan

By Steve H. HankeAugust 10, 2025

Commentary Bill Ackman is keen on Trump privatizing Fannie Mae and Freddie Mac. There’s a right way and a wrong way to do it

By Matt Sekerke and Steve H. HankeMay 30, 2025

Commentary The U.S.-China trade war’s 90-day pause was 70 years in the making

By Steve H. Hanke and Jeffrey WengMay 15, 2025

Commentary U.S. corporate earnings growth is on the road to zero

By Steve H. Hanke and Guy PetchoApril 30, 2025

Commentary Ending the U.S. trade deficit with tariffs is impossible, and it risks eliminating two longstanding U.S. surpluses

By Steve H. Hanke and Caleb HofmannApril 28, 2025

Commentary What ‘Mar-a-Lago Accord’ proponents—who have Trump’s ear—get wrong about the U.S. dollar

By Steve H. Hanke and John A. TatomApril 25, 2025

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

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

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

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

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

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

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