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Steve H. Hanke

Reporter · US

Indexed articles, last 90 days
14
Latest publication
Sep 18, 2026
Outlet visibility, for Fortune
Top 10K sites
Earliest in this view
Jul 15, 2026

Latest articles

  1. Article · Sep 18, 2026 · Steve H. Hanke

    Kevin Warsh just revealed a huge change for the Fed. The press missed it | Fortune (opens the original)

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    Federal Reserve Chair Kevin Warsh has revealed himself. If not a card-carrying monetarist, he is at least a follower of the camp. This represents a dramatic change at the Fed, where the past Chairman Jerome Powell repeatedly rejected the basic tenets of monetarism. This is very important because there are almost no monetarists left in the world (except for us). The Federal Reserve has rejected monetarism consistently — and on the record — because they preferred other models for understanding the

  2. Article · Sep 17, 2026 · Steve H. Hanke

    Congress is so dysfunctional and irresponsible it’s only done its job four times since World War II | Fortune (opens the original)

    Excerpt · Critical tone · English

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    The U.S. Congress has become dysfunctional, and it does not make one bit of difference which party is in power. Exhibit A: The federal budget and appropriations process is broken. For the thirtieth year in a row, Congress has failed to pass all the annual appropriations bills on its plate before the start of the next fiscal year. It is clear that Congress cannot properly handle its primary spending and taxing functions in a timely manner. This is particularly shocking since Congress’ only annual

  3. Article · Sep 12, 2026 · Steve H. Hanke

    Big Players ravage prediction markets | Fortune (opens the original)

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    On Thursday, the European Securities and Markets Authority, in its biannual risk report, finally let the cat out of the bag. The report concluded what was on the tip of many tongues. The Authority wrote that “A growing number of incidents illustrates that prediction markets are rife with insider trading.” The idea that insiders, with advanced knowledge of events, hold the whip handle in prediction markets, runs counter to claims made by their promoters, who include President Trump and Donald Tru

  4. Article · Sep 8, 2026 · Steve H. Hanke

    Peru’s monetary system would not work in Venezuela | Fortune (opens the original)

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    Peru’s Monetary System Would Not Work in Venezuela Venezuela’s National Assembly is actively debating how to end the world’s highest inflation rate and retire the bolivar, the world’s worst-performing currency. One of us is advising that debate directly. Naturally, during the past few weeks, the discussion about how to kill Venezuela’s inflation, the world’s highest, and what to do with the bolivar, the world’s worst-performing currency, has heated up. Some Venezuelans have argued that the most

  5. Article · Aug 31, 2026 · Steve H. Hanke

    I'm working with Venezuela to kill its inflation. Trump’s secret oil deal with Delcy Rodriguez is illegitimate — and unhelpful | Fortune (opens the original)

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    A U.S.-Venezuela oil deal has been announced by President Trump and Interim President Delcy Rodríguez. The public knows virtually nothing about the details of the agreement — nor do I, a Special Adviser to Venezuelan Congressman Antonio Ecarri on Economic, Monetary, and Energy Affairs. This deal was clearly arrived at in secrecy, with no public debate, and signed under duress. Therefore, it is illegitimate and probably illegal. This deal took not only me, but everyone I am in touch with in Carac

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