Professor Hanke's research spans water resource economics, privatization, currency boards, hyperinflation measurement, monetary theory, and capital theory — with over 600 published papers, articles, and policy reports. Ranked the world's third most influential economics influencer by FocusEconomics in Barcelona.
Professor Hanke holds eight honorary doctorate degrees, is an honorary professor at five foreign institutions, and is a Distinguished Associate of the International Atlantic Economic Society.
Honorary Doctorates:
- Universidad San Francisco de Quito (2003)
- Free University of Tbilisi (2010)
- Istanbul Kültür University (2012)
- Bulgarian Academy of Sciences (2013)
- Varna Free University (2015)
- Universität Liechtenstein (2017)
- D.A. Tsenov Academy of Economics (2018)
- Universidad Nacional del Este (2024)
Honorary Professorships:
- Distinguished Professor, Universitas Pelita Harapan (Jakarta, Indonesia)
- Profesor Asociado, Universidad del Azuay (Cuenca, Ecuador)
- Profesor Visitante, Universidad Peruana de Ciencias Aplicadas (Lima, Peru)
- Gottfried von Haberler Professor, European Center of Austrian Economics Foundation (Liechtenstein)
- Professor Honoris Causa, Kolegji AAB (Pristina, Kosovo)
Research
Signature Tools & Indices
Hanke-Krus Hyperinflation Table
The definitive academic record: 71 documented hyperinflation episodes across 5 centuries. First published in the Routledge Handbook of Major Events in Economic History.
Hanke's Golden Growth Rate
The money supply growth rate consistent with any inflation target, derived directly from the Quantity Theory of Money and the equation of exchange. Explore the GGR →
Hanke Annual Misery Index
Unemployment + Inflation + Lending Rate − GDP Growth. Annual rankings of 157 countries. Published in Fortune.
Hanke-Henry Permanent Calendar & Coordinate Universal Time
A perennial calendar reform (with Prof. Richard Conn Henry, JHU Physics) that makes every year identical. Preserves the Sabbath.
Research Areas
Water Resource Economics
Hanke's foundational academic discipline. The first event study of water meter installation. Sewer interceptor design. Advisory work for Compagnie Générale des Eaux in Paris (currently known as Veolia)
Troubled Currencies Project
Tracking black-market exchange rates and using high-frequency data to accurately measure inflation in more than 50 countries. Launched in 2013. Explore the Project →