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.
In a candid interview, economist Steve Hanke calls the Trump–Putin Alaska summit “a photo-op,” arguing Russia already holds the upper hand in Ukraine. He explains why Moscow has the leverage and what it means for U.S. strategy and global security.
Hanke is Professor of Applied Economics at The Johns Hopkins University. His work is on the economics of water, natural resources, privatization, currency boards, dollarization, and finance. He has been a market commenter, and economic adviser to presidents and prime ministers.
[Chapter 80, “Was the American Revolution Radical?,” from Murray N.
“The only influence capable of resisting the feudal hierarchy was the ecclesiastical hierarchy; and they came into collision, when the process of feudalism threatened the independence of the Church...”
We eliminate the main problem that plagued "limited government": we are relying on the government — a monopoly agency — to police itself.
Liberty, next to religion, has been the motive of good deeds and the common pretext of crime, from the sowing of the seed at Athens, two thous
Submission for the Kenneth Garschina Undergraduate Student Essay Contest (2025).
Submission for the Kenneth Garschina Undergraduate Student Essay Contest (2025).
Submission for the Kenneth Garschina Undergraduate Student Essay Contest (2025).
