Steve H. Hanke

Publicly-owned land, land owned by the government, represents a large, integral part of the U.S. economy. Over 40 percent of the total surface area of the United States is publicly-owned. For perspective, that area is slightly more than six times larger than the surface area of France. Publicly-owned lands are found in every county of […]

Steve Hanke, professor of applied economics at the Johns Hopkins University, sketched a monetarist’s view of “Inflation—Why We Have It and Where It’s Going,” for the Jewish Policy Center’s August 4 webinar. The Biden administration, Federal Reserve, and news media are “looking for inflation in all the wrong places,” he said. With inflation —often called […]

For decades, Latin America has been littered with one currency crisis after another. The best way to avoid these is to dump their disaster-prone currencies and replace them with the U.S. dollar, as Panama, Ecuador, and El Salvador have done. Dollarization occurs when residents of a country use a foreign currency instead of the country’s […]