Authors
Steve Hanke
Outlet
Fortune Magazine
Type
Op-ed
Date published
August 10, 2025
Countries/regions
Pakistan
Topic
Pakistan
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Last edited time
Aug 7, 2026 3:32 AM
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The Money Doctor and 'Captain Pakistan': Steve Hanke on His Last Call With Imran Khan and the Doom Loop Gripping Pakistan
Author: Steve H. Hanke
Outlet: Fortune
Date: August 10, 2025
Hanke recounts his last conversation with former Pakistani Prime Minister Imran Khan, an hour-and-a-half Zoom call on April 2, 2023, with Hanke in Baltimore and Khan in Lahore. Drawing on that personal history, Hanke lays out the economic 'doom loop' gripping Pakistan, a self-reinforcing cycle of inflation, currency instability, and political turmoil, and reflects on Khan's downfall and imprisonment against the backdrop of the country's deepening economic crisis.
Full Citation:
"The Money Doctor and 'Captain Pakistan': Steve Hanke on his last call with Imran Khan and the doom loop gripping Pakistan," Fortune, August 10, 2025.