Faculty

Steve H. Hanke

Professor

Research Interests

applied micro- and macroeconomics and finance

Education
  • Ph.D. 1969, UNIV COLORADO BOULDER*
Experience
  • 2017 - Present:  Contributor, Forbes Magazine
  • 2011 - Present:  J/S FACULTY APPOINTMENT, A&S Economics
  • 1998 - Present:  Contributing Editor, Central Banking
  • 1995 - Present:  Co-Director, Institute for Applied Economics, Global Health, and the Study of Business Enterprise
  • 1981 - 1982:  Council of Economic Advisers, Reagan White House
Research Areas
  • Applied economics: finance
  • Applied economics: macro
  • Applied economics: micro
Awards
  • 2018:  Named "Prized" Advisor - Office of Academic Advising - Johns Hopkins University.
  • 2017:  Doctorate Honoris Causa
  • 2015:  Doctorate Honoris Causa
  • 2015:  Profesor Visitante
  • 2013:  Doctorate Honoris Causa
  • 2012:  Doctorate Honoris Causa
  • 2010:  Doctorate of Economics, Honoris Causa
  • 2008:  Distinguished Professor
  • 2005:  Famous Phis Phi Delta Theta Oxford - Ohio
  • 2004:  Delivered the Keynote Address - Centenial Celebration - Warsaw School of Economics - Warsaw - Poland
  • 2004:  Named Profesor Asociado (the highest honor awarded to international experts of acknowledged competence) - Universidad del Azuay - Cuenca - Ecuador
  • 2004:  Awarded Outstanding Achievement Award (in recognition of contributions in applied economics - currency reform and dollarization) - Economia y Negocios (Ekos) - Quito - Ecuador
  • 2003:  Awarded Doctor of Arts - Honoris Causa: Universidad San Francisco de Quito - Quito - Ecuador.
  • 2003:  Delivered the Annual Sven Rydenfelt Lecture (2 December) - University of Lund - Lund - Sweden
  • 2003:  Honorary Member of the Board of Directors - Friends of the Rule of Law in Ecuador - Inc. Quito - Ecuador
  • 2002:  Named Honorable Member - Bulgarian Economic Forum - Sofia - Bulgaria.
  • 2000:  Third Prize (Latin American Mutual Fund Performance - 1997 - 2000) Toronto Trust Argentina - Standard and Poor's Micropal - London
  • 1998:  Distinguished Associate(In recognition of outstanding contributions to economics)International Atlantic Economic Society
  • 1998:  Delivered the William S. Vickrey Distinguished Address Forty-Sixth International Atlantic Economic ConferenceBoston - Massachusetts
  • 1998:  Twenty-Five Most Influential People in the WorldWorld Trade Magazine
  • 1996:  First Prize (Argentine Mutual Fund Performance - 1996) Toronto Trust Argentina - Standard and Poor's Micropal - London
  • 1995:  First Prize (World Emerging Market Mutual Fund Performance - 1995) Toronto Trust Argentina - Standard and Poor's Micropal - London
Journal Articles
  • Hanke SH (2018).  On Measuring Hyperinflation: Venezuela's Episode.  World Economics.  7(4).
  • Hanke SH (2018).  Privatize Federal Grazing Lands: A Message from Reagan, Laxalt and Hanke.  IMI Research Weekly.  2(5).
  • Hanke SH (2018).  New Fiscal Rules Will Produce Discipline and a Confidence Shock in Zimbabwe.  IMI Research Weekly.  2(3).
  • Hanke SH (2018).  How Gold Would Fix Turkey’s Achilles’ Heel: The Lira.  IMI Research Weekly.  2(1).
  • Hanke SH (2017).  Follow the Founders and Privatize Public Lands.  IMI Research Weekly.  1(41).
  • Hanke SH (2017).  Can the Singapore Model Save Zimbabwe?.  IMI Research Weekly.  1(29).
  • Hanke SH (2017).  Why Indonesia must embrace liberal economic reforms.  Strategic Review.  7(4).
  • Hanke SH (2017).  Zimbabwe Hyperinflates Again.  IMI Research Weekly.  1(37).
  • Hanke SH (2017).  Regulatory Freedom Brings Prosperity.  IMI Research Weekly.  1(37).
  • Hanke SH (2017).  Regime Uncertainty Continues to Hold down Loan Growth and the Economy.  IMI Research Weekly.  1(36).
  • Hanke SH (2017).  Slash Regulation to Sole Productivity Puzzle: Freer Markets Linked to Longer Lives and Greater Prosperity.  OMFIF Bulletin.
  • Hanke SH (2017).  Democracy vs. Liberty-Trump Fails to Understand the Founders, as Have All Presidents since Wilson.  IMI Research Weekly.  1(32).
  • Hanke SH (2017).  Rigor to Avoid Greenwashing: New Measure for Green Credentials.  OMFIF Bulletin.
  • Hanke SH (2017).  US Toppled Suharto but Learned Little.  OMFIF Bulletin.
  • Hanke SH (2017).  How Venezuela can stop hyperinflation – now.  Central Banking.
  • Hanke SH (2017).  Solving Caracas Currency Chaos.  OMFIF Bulletin.
  • Hanke SH (2017).  Public Infrastructure full of hot air.  OMFIF Bulletin.
  • Hanke SH, Sekerke M (2017).  Bank regulation as monetary policy: Lessons from the great recession.  Cato Journal.  37(2).
  • Leversedge FM, Nace RL, Day JC, Mitchell B, Dorcey AHJ, Fox IK, Lee TR, Parkes JGM, Hanke SH, Davis RK, Sewell WRD, Roueche L, Rees JA, David EL, Dworsky LB (2017).  PRIORITIES IN WATER MANAGEMENT..
  • Hanke SH (2011).  Monetary misjudgments and malfeasance.  Cato Journal.  31(3).
  • Hanke SH (2010).  Reflections on currency reform and the Euro.  Econ Journal Watch.  7(1).
  • Hanke SH, Kwok AKF (2009).  On the measurement of Zimbabwe's Hyperinflation.  Cato Journal.  29(2).
  • Hanke SH (2008).  Foreword.  Growth versus Security: Old and New EU Members Quest for a New Economic and Social Model.
  • Hanke SH (2008).  Friedman: Float or fix?.  Cato Journal.  28(2).
  • Hanke SH (2002).  Currency boards.  Annals of the American Academy of Political and Social Science.  579(JAN.).
  • Hanke SH (2000).  The disregard for currency board realities.  Cato Journal.  20(1).
  • Hanke SH (1998).  How to establish monetary stability in Asia.  Cato Journal.  17(3).
  • Hanke SH, Walters SJK (1997).  Economic freedom, prosperity, and equality: A survey.  Cato Journal.  17(2).
  • Hanke SH, de Mare L (1982).  RESIDENTIAL WATER DEMAND: A POOLED, TIME SERIES, CROSS SECTION STUDY OF MALMO, SWEDEN..  Water Resources Bulletin.  18(4).
  • Gilliland EJ, Hanke SH (1982).  Crisis: Financing water and wastewater.  Water Engineering and Management.  129(7).
  • Hanke SH, Wentworth RW (1981).  On the marginal cost of wastewater services ( water)..  Land Economics.  57(4).
  • Hanke SH, Wentworth RW (1981).  Project evaluation during inflation, revisited: a solution to Turvey's relative price change problem..  Water Resources Research.  17(6).
  • Niskanen WA, Hanke SH (1980).  Land prices substantially underestimate the value of environmental quality: a rejoinder..  Review of Economics & Statistics.  62(1).
  • Hanke SH, Wentworth RW (1980).  Statistical studies on costs of canalization of waste water | ETUDES STATISTIQUES DE PRIX DE REVIENT POUR LES CANALISATIONS D'EAU USEE.  TECH. SCI. MUNIC..  75(10).
  • Hanke SH (1980).  A cost-benefit analysis of water use restrictions ( Perth, Western Australia)..  Water Supply & Management.  4(4).
  • Hanke SH (1980).  Additional comments on cost-benefit analysis of water use restrictions..  Water Supply & Management.  4(5-6).
  • Hanke SH, Wentworth RW (1980).  Statistical cost function development for sewer lines..  WATER & SEWAGE WORKS.  127(12 , Dec. 1980).
  • Hanke SH (1980).  Real economy in measures against waste of water | L'ECONOMIE REELLE DE LA LUTTE CONTRE LE GASPILLAGE DE L'EAU.  TECH. SCI. MUNIC..  75(2).
  • Hanke SH (1979).  “Municipal Water Conservation Alternatives,” by William E. Sharpe.  JAWRA Journal of the American Water Resources Association.  15(4).
  • Hanke SH, Mehrez A (1979).  An optimal sampling procedure for the collection of residential water use data.  Water Resources Research.  15(6).
  • Hanke SH, Carver PH, Bugg P (1975).  PROJECT EVALUATION DURING INFLATION..  Water Resources Research.  11(4).
  • Hanke SH, Walker RA (1974).  BENEFIT-COST ANALYSIS RECONSIDERED: AN EVALUATION OF THE MID-STATE PROJECT..  Water Resources Research.  10(5).
  • Hanke SH, Davis RK (1974).  ROLE OF USER FEES AND CONGESTION TOLLS IN THE MANAGEMENT OF INLAND WATERWAYS..  Water Resources Bulletin.  10(1).
  • Cicchetti CJ, Davis RK, Hanke SH, Haveman RH (1973).  Evaluating federal water projects: a critique of proposed standards. Water council standards encourage inefficient projects and neglect harmful environmental impacts.  Science.  181(4101).
  • Davis RK, Hanke SH (1973).  Conventional and unconventional alternatives for water supply management.  Water Resources Research.  9(4).
  • Hanke SH, Davis RK (1973).  Potential for marginal cost pricing in water resource management.  Water Resources Research.  9(4).
  • Hanke SH, Boland JJ (1972).  THERMAL DISCHARGES AND PUBLIC POLICY DEVELOPMENT..  Water Resources Bulletin.  8(3).
  • Hanke SH (1970).  Brief reports some behavioral characteristics associated with residential water price changes.  Water Resources Research.  6(5).
  • Hanke SH (1970).  Demand for water under dynamic conditions.  Water Resources Research.  6(5).
Books
  • Hanke SH (2015).  Juntas Monetarias para países en desarrollo: Dinero, inflación y estabilidad económica (Second Edition).  Cedice Libertad.
  • Hanke SH, Kurt Schuler (2015).  Currency Boards for Developing Countries: A Handbook (Revised Edition, 2015).
  • Hanke SH (1998).  The Revolution In Development Economics.  The Cato Institute.
  • Hanke SH, Kurt Schuler (1995).  Alternative Monetary Regimes for Jamaica.
  • Hanke SH, Lars Jonung, Kurt Schuler (1993).  Russian Currency and Finance: A Currency Board Approach to Reform.
  • Hanke SH (1991).  Capital Markets and Development: A Sequoia Seminar.  Sequoia Institute.
  • Hanke SH, de Mare L (1984).  MUNICIPAL WATER DEMANDS..
Book Chapters
  • Hanke SH (2017).  Failed delivery.  Trump: The First One Hundred Days.  OMFIF Press.  52-58.
  • Hanke S (2017).  The Basel rules and the banking system: An American perspective.  Money in the Great Recession: Did a Crash in Money Growth Cause the Global Slump?.
  • Hanke SH (2008).  Economic freedom, confidence and growth.  Growth versus Security: Old and New EU Members Quest for a New Economic and Social Model.
  • Hanke SH (2003).  A Dollarization/Free-Banking Blueprint for Argentina.  The Dollarization Debate.
  • "Kemp Forum on Global Economic Growth".  February 21, 2018
  • "Kemp Forum on Exchange Rates and the Dollar".  April 20, 2017
  • "Bank Regulation as Monetary Policy: Lessons from the Great Recession", Cato Annual Monetary Conference.  Washington, D.C..  November 17, 2016
  • "Ecuador's Dollarization", Ecuador's Dollarization.  Guayaquil, Ecuador.  January 1, 2016
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