Episode
Sarah Debates Steve Hanke: The Institutional Thinking Crisis
- Published
- Jun 10, 2026
- Duration seconds
- 2877
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Summary
Professor of Applied Economics at The Johns Hopkins University, Steve Hanke, joins the program to discuss the current economic reality facing the United States. What began as a discussion on inflation, economic policy, and the direction of the U.S. economy evolved into a much broader and at times tense debate between Sarah and Hanke — one that reflects a growing divide between academia and real-world systems thinking. While Sarah deeply respects education, research, and expertise, she challenges the limitations of highly siloed institutional models that often dismiss broader systems analysis, incentive structures, and real-world complexity. Hanke, coming from one of the world’s most revered academic institutions, holds strong conviction in his own economic frameworks and appears far less open to questioning alternative models or interdisciplinary perspectives. The result is a fascinating and revealing conversation that goes beyond economics itself and touches on: institutional authority, academia versus industry, systems thinking, intellectual hierarchy, and the growing tension between credentialed expertise and broader integrated analysis in an AI-driven world. Whether viewers agree with either side or not, this conversation captures a much larger societal shift now unfolding across institutions, media, economics, and public discourse. Visit Steve Hanke’s website at SteveHanke.com Sign up for the Deep Dive Peptide Webinar at SarahWestall.com/Peptides - Link to the Replay will be posted See exclusives at SarahWestall.Substack.com Links and Offers Mentioned in the show: Buy quality at Quince.com/BusinessGame - get free shipping and 365-day returns! Now available in Canada too! Receive up to 45% Off Native Path Collagen: Head to explorenativepath.com/Sarah ,To try it ris…