Steve H. Hanke, professor of applied economics at Johns Hopkins University and the founder and co-director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise, joins Julia La Roche on episode 202 for a conversation on the state of the economy, the money supply, inflation, and the upcoming election.
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Links:
Twitter/X: https://x.com/steve_hanke
Capital, Interest, and Waiting: Controversies, Puzzles, and New Additions to Capital Theory https://link.springer.com/book/10.1007/978-3-031-63398-0
Making Money Work: How to Rewrite the Rules of Our Financial System:
https://www.amazon.com/Making-Money-Work-Rewrite-Financial/dp/1394257260
https://www.barnesandnoble.com/w/making-money-work-matt-sekerke/1146170520
Timestamps:
00:00 Introduction and welcome Professor Hanke
02:06 Discussion on China's economy and inflation
04:29 U.S. economy and money supply contraction
07:29 European economic situation
10:41 Focus on money supply vs interest rates
15:59 Discussion on job report revisions and data reliability
21:17 Inflation forecast and bond yields
25:57 Fed's record on predicting economic trends
27:29 Book recommendations on economic theory
31:57 Analysis of upcoming election (polls vs prediction markets)
38:17 Economic policies of candidates
42:40 Industrial policy and protectionism
45:15 Government spending as percentage of GDP
48:40 Parting thoughts and new book announcements
50:22 Closing remarks
