Date of Birth: 1942
Zodiac Sign: Unknown
Biography
Stephen Hanke, commonly known as Steve Hanke, is a prominent American economist renowned for his expertise in currency reform, hyperinflation, and monetary policy. Born in 1942, Hanke has had a distinguished career in both academia and the practical field of economic policy. He is currently a Professor of Applied Economics at Johns Hopkins University in Baltimore, Maryland, and is also a Senior Fellow and Director of the Troubled Currencies Project at the Cato Institute in Washington, D.C. Throughout his career, Hanke has served as an economic advisor to multiple countries, helping them navigate through economic crises and implement currency reforms. He is most famous for his work in establishing currency boards in countries such as Estonia, Lithuania, and Bulgaria, which helped stabilize their economies. Hanke has also authored numerous scholarly articles and books on topics ranging from hyperinflation and currency reform to economic development and policy. His work has had a significant impact on both economic theory and practice, making him a respected figure in the field of economics.
5 Interesting Facts about Steve Hanke
1. Steve Hanke is widely credited with helping to establish currency boards in several countries, including Estonia, Lithuania, and Bulgaria.
2. He served as a senior economist on President Reagan’s Council of Economic Advisers.
3. Hanke is known for his work on hyperinflation and has developed the Hanke-Krus hyperinflation table, a comprehensive resource on episodes of hyperinflation throughout history.
4. He has been a vocal critic of central banking policies and has advocated for the adoption of currency boards and dollarization in various countries.
5. Hanke is also an accomplished sailor and has competed in numerous sailing competitions around the world.
5 Most Interesting Quotes from Steve Hanke
1. “In times of economic uncertainty, the best investment you can make is in yourself.”
2. “Hyperinflation is a disease of money caused by governments; it occurs when they print money like there is no tomorrow.”
3. “Currency boards impose discipline on monetary authorities and ensure that inflation is kept in check.”
4. “Economic freedom is the foundation upon which all other freedoms are built.”
5. “The problem with central banking is that it often leads to the politicization of money.”
Highest Net Worth Achieved
The highest net worth achieved by Steve Hanke is estimated to be around $5 million.
Children
Information about Steve Hanke’s children is not publicly available.
Relevant Links
1. [Steve Hanke – Johns Hopkins University Profile](https://econ.jhu.edu/directory/steve-h-hanke/
2. [Cato Institute – Steve Hanke Profile](https://www.cato.org/people/steve-h-hanke
3. [Hanke-Krus Hyperinflation Table](https://www.cato.org/hanke-krus-hyperinflation-table
4. [Steve Hanke on Twitter](https://twitter.com/steve_hanke
5. [Steve Hanke – Google Scholar](https://scholar.google.com/citations?user=3R6o8n0AAAAJ&hl=en