Quotes from Steve Hanke

Since the end of the 1970s, free-market capitalism has been in, and socialism has been out.

It turns out that the rich are much better placed to feed at the public trough. The poor get crumbs.

With interest rates artificially low, consumers reduce savings in favor of consumption, and entrepreneurs increase their rates of investment spending.

If you squeeze and squeeze, and you don't allow the Iranians to sell any oil, then what do they have to lose by shutting the Strait of Hormuz down? And if they do that, that's 35% of all the world's oil that comes through the strait and 20% of the liquefied natural gas in the world.

Let the market, not politicians, determine the flow of rice, oil and other commodities. Lower, more stable prices will ensue.

In January 2013, one could buy a Bitcoin for about $13. By late November, one Bitcoin would have set a buyer back over $1100.

When I was operating as one of President Reagan's economic advisers, an early assignment was to analyze the federal government's landholdings and make recommendations about what to do with them. This was a big job. These lands are vast, covering an area six times that of France.