Steve H. Hanke is Professor of Applied Economics at The Johns Hopkins University in Baltimore. He is also a Senior Fellow of the Cato Institute in Washington, D.C.; a member of the International Advisory Board of the National Bank of Kuwait; a member of the Financial Advisory Council of the United Arab Emirates; and Chairman Emeritus of the Friedberg Mercantile Group, Inc. in Toronto. He served as a Senior Economist on President Reagan’s Council of Economic Advisers in 1981-82 and has been an economic advisor to many governments. His recent writings include a regular column for Forbes magazine and the monograph Zimbabwe: Hyperinflation to Growth (2009).