Episode Details

Jon Hartley and Steve Hanke discuss Hanke’s career as an academic and policy advisor, including the virtues of using currency boards to combat hyperinflation and when dollarizing is useful. The conversation also looks back at Hanke’s time on President Reagan’s White House Council of Economic Advisers, and helping to fight inflation in Eastern Europe, Asia, and South America.

ABOUT THE SERIES

Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics.

For more information about the podcast, visit Hoover+.