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Steve H. HankeHuffPost |
The idea that insiders hold the whip handle in prediction markets runs counter to claims made by promoters, who include Donald Trump and Donald Trump...
As Venezuela's National Assembly debates how to kill the world's highest inflation rate, two economists argue that copying Peru would be a mistake.
If you have to wait 558 years to produce and sell a barrel of oil, that barrel is virtually worthless in today's dollars.
The Treasury Secretary might win points with his boss, President Trump,but he will earn no points from the bond vigilantes.
Fasten your seat belts: Treasury Secretary Scott Bessent has become a Big Player in the yen market. Increased volatility is right around the corner.
During the pandemic, two colleagues and I led a comprehensive scientific literature review and meta-analysis about lockdowns, but Fauci didn't listen.
It can even buy you something in Xi’s China and Modi’s India, too. The political economy debate about capitalism vs. socialism isn't wrong, it's...
Japan hiked rates to chase inflation—but its real problem is money that never showed up.
Wall Street already runs on Coordinated Universal Time. So why not the rest of the country?
Today, U.S. debt held by the public currently stands at a staggering $31.68 trillion, a little more than 100% of GDP. According to the nonpartisan...
Our founders designed the Constitution to safeguard liberty and property against majoritarian excess—a century of emergencies has steadily eroded it.
Trust fund exhaustion by 2032–2033 could trigger automatic benefit cuts — there is a bipartisan path to prevent it.
Interest payments just hit $628 billion. Decades of failed congressional fixes prove that only a constitutional amendment can break Washington's...
As Air Force One prepares for a May 14 Beijing visit, the U.S. has already ceded the geopolitical high ground to China.
Beijing's Announcement No. 21 activates, for the first time, a private right of action against anyone who complies with U.S. sanctions on Chinese...
The Iran and Ukraine conflicts have drained U.S. missile stockpiles — and restocking requires rare earth materials that China controls with an iron...
The Trump FY27 budget is just the latest installment in a decades-long bipartisan failure of spending discipline. Only a constitutional fix can break...
Venezuela tops a new global misery index covering 178 countries, while Taiwan claims the happiest economy title for the second year running.
Most Americans can't pass the citizenship test and most members of Congress fail a more consequential exam: honoring their constitutional oath on the...
The Government Accountability Office can't even verify the books. Here's what Congress must do.
It is time for a fiscal responsibility amendment to the United States Constitution.
It's often said that the inflation of the 1970s and '80s in the U.S. and elsewhere was caused by the two oil crises of 1973-74 and 1979-80. Not so.
Trump calls himself "Tariff Man" and is moving to pull another rabbit out of his hat. Don't be confused.
Have tariffs created more jobs, or an economic boom? Not if you look at the data.
Maybe President Trump has bet on a dead horse. After all, Argentina has never been a good bet.
Trump is effectively putting more money in families’ pockets with one hand, and taking a big chunk of it back with the other.
By ignoring the quantity theory of money and employing neo-Keynesian macroeconomic models, central bankers are often wrong-footed.
Steve Hanke, the "Money Doctor" who has slayed inflation for 50 years, is ranked as the world’s third most influential economist by Focus Economics...
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