
Episode #54
Steve Hanke: Is America Heading for Economic Catastrophe?
Steve Hanke, the veteran and acclaimed free-market economist, discusses America’s cost-of-living crisis, persistent inflation, the $40 trillion national debt and the warning signs coming from the bond market. Professor Hanke also explains why he thinks the AI boom may be a bubble, why Iran could inflict serious economic damage on the US, and why he has broken with Vice President JD Vance over the future of conservative economics. Steve Hanke is professor of applied economics at Johns Hopkins University in Baltimore and a former member of President Ronald Reagan’s Council of Economic Advisers. Join Tom's Exclusive Newsletter: https://mailchi.mp/cff5e11f69a3/switzerland-with-tom-switzer Read Tom's Substack: https://substack.com/@tomswitzer Tom Switzer is a journalist and broadcaster who has been a prolific commentator on politics and international affairs. His writing and commentary have appeared in The Wall Street Journal, The New York Times (international), The Australian, and across ABC and News24 (formerly Sky News), where he has been a regular presenter and panellist. For 30 years, since 1995, he has worked at the Washington-based American Enterprise Institute, the Australian Financial Review, The Australian, the London-based Spectator magazine, and the Sydney-based Centre for Independent Studies, which he headed from 2017 to 2025. He is the host of Switzerland, a long-form interview series exploring global politics, modern history, and the ideas shaping the world.

