Steve Hanke join CapitalCosm to Discuss Trump and Powell, Interest rates, and Inflation

09/02/2025 Articles of Interest Steve H. Hanke

Following Jerome Powell’s latest signal on rate cuts, economist Steve Hanke, Applied Economics Professor at Johns Hopkins University, explains why markets and policymakers keep fixating on the wrong variable. Interest rates don’t drive the cycle, he argues—changes in the money supply do, with long and variable lags.

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Meet the Writer

Steve H. Hanke

Steve Hanke is a Distinguished Senior Scholar at the Mises Institute and a Professor of Applied Economics at the Johns...

Steve Hanke join CapitalCosm to Discuss Trump and Powell, Interest rates, and Inflation

09/02/2025 Articles of Interest Steve H. Hanke

Following Jerome Powell’s latest signal on rate cuts, economist Steve Hanke explains why markets and policymakers keep fixating on the wrong variable. Interest rates don’t drive the cycle, he argues—changes in the money supply do, with long and variable lags.

Steve Hanke dissects Trump’s tariffs, trade tensions, and India’s big test

08/22/2025 Notes in the Margin Steve H. Hanke

Steve Hanke dissects Trump’s tariffs, trade tensions, and India’s big test Steve Hanke is a Distinguished Senior Scholar at the Mises Institute and a Professor of Applied Economics at the Johns...

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