Steve H. Hanke

Dr. Steve H. Hanke is a Professor of Applied Economics at The Johns Hopkins University, who specializes in international economics with a particular focus on monetary policy. He is also a Senior Fellow at the Cato Institute, co-director of the Johns Hopkins Institute for Applied Economics, Global Health, and Study of Business Enterprise, and a contributing editor at Globe Asia Magazine. Dr. Hanke serves on the Financial Advisory Council of the United Arab Emirates, as well as on the National Bank of Kuwait's International Advisory Board.

Iran: From Hyperinflation to Stability?

November 28, 2013

Economic progress in Iran is tentative and likely quite fragile. With the announcement on Saturday night that Iran and the P5+1 group reached a tentative deal over the Iranian nuclear program, the Iranian rial appreciated 3.45% against the dollar on the black market. The rial jumped from 30,000 IRR/USD on...

On the Failure of the Iranian Sanctions

April 27, 2013

Iranians have become adept at circumventing economic sanctions which, even if perfectly implemented, would be unlikely to stop Iran’s nuclear aspirations. Diplomacy is the only viable solution.