Professor Hanke has authored or co-authored more than 20 books and monographs spanning water economics, privatization, currency boards, monetary theory, hyperinflation, and capital theory — published by Wiley, Palgrave Macmillan, Routledge, IEA, Lexington, and Cato Institute.
My Recent Books
2025
Making Money Work: How to Rewrite the Rules of Our Financial System
Steve H. Hanke & Matt Sekerke | Wiley, 2025
The Global Financial Crisis broke the monetary system. Hanke and Sekerke show that 80% of the money supply is created by commercial banks — not the Fed — and present a blueprint for rules-based monetary reform. Essential reading for bankers, policymakers, and anyone who wants to understand money.
2024
Capital, Interest, and Waiting: Controversies, Puzzles, and New Additions to Capital Theory
Steve H. Hanke & Leland B. Yeager | Palgrave Macmillan, 2024
A meticulous examination of Austrian capital theory, revisiting longstanding controversies with Leland B. Yeager — one of the foremost monetary economists of the 20th century. Proposes new extensions to the theory of capital and interest.
2023
Did Lockdowns Work? The Verdict on Covid Restrictions
Steve H. Hanke, Jonas Herby & Lars Jonung | IEA, 2023
A landmark meta-analysis of 24 studies. Conclusion: European and U.S. lockdowns in spring 2020 reduced COVID-19 mortality by just 3.2% on average — a global policy failure. The economic and social costs vastly exceeded the marginal health benefits.
2022
Public Debt Sustainability: International Perspectives
Steve H. Hanke, Barry Poulson & John Merrifield | Lexington Books, 2022
International perspectives on fiscal sustainability and the design of binding debt rules — drawing on lessons from Switzerland, Germany, the United States, and emerging markets.
Complete Book List
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