Phrase by 'Steve Hanke'
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A minimum wage leads to higher levels of unemployment.
Author: Steve Hanke - American EconomistHigher , Unemployment , Minimum Wage , Wage
Although floating and fixed rates appear dissimilar, they are members of the same freemarket family. Both operate without exchange controls and are free-market mechanisms for balance-of-payment adjustments.
Author: Steve Hanke - American EconomistFamily , Without , Same , Floating
There is always the potential for a central bank to engage in discretionary monetary policy and to break the one-to-one link between changes in foreign reserves and changes in the money supply.
Author: Steve Hanke - American EconomistAlways , Money , Potential , Bank
It turns out that the rich are much better placed to feed at the public trough. The poor get crumbs.
Author: Steve Hanke - American EconomistBetter , Poor , Out , Rich
The IMF is set up to deal with liquidity crises.
Author: Steve Hanke - American EconomistUp , Set , Deal , IMF
Mercantilism was an insidious economic theory that held Europe in its thrall in the 16th, 17th and 18th centuries.
Author: Steve Hanke - American EconomistTheory , Europe , Economic , Held
In Argentina, if the weather is bad, critics will blame it on the currency board.
Author: Steve Hanke - American EconomistBad , Will , Weather , Blame
Sanctions historically are quite counterproductive in the sense that if you impose sanctions on your enemy, it tends to strengthen your enemy.
Author: Steve Hanke - American EconomistYou , Your , Sense , Enemy
If you squeeze and squeeze, and you don't allow the Iranians to sell any oil, then what do they have to lose by shutting the Strait of Hormuz down? And if they do that, that's 35% of all the world's oil that comes through the strait and 20% of the liquefied natural gas in the world.
Author: Steve Hanke - American EconomistYou , World , Lose , Down
There has never been a failure of a currency board anywhere in the world. These are tough systems, and when I say they are foolproof, that's exactly the case.
Author: Steve Hanke - American EconomistNever , World , Tough , Failure
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