Steve Hanke Quotes
When I was operating as one of President Reagan's economic advisers, an early assignment was to analyze the federal government's landholdings and make recommendations about what to do with them. This was a big job. These lands are vast, covering an area six times that of France.
Hanke, Steve H. "Privatizing the Public Domain." Globe Asia, Oct. 2013.
Use included renting it. What he opposed was simply holding land when whites were driving Indians off their lands because all the unused land outside of the reservation was owned by someone and the asking price was very high. Ingersoll was considered to be the greatest orator and political thinker of his day, but his overt atheistic views curtailed his elected political career.
This statement was quite controversial when it was published and remains so. Many libertarians and private sector enthusiasts see giving this power to government is too much and erodes the sanctity of private property. Nonetheless, most local and state government in America subscribes to this point of view thus allowing zoning, city planning, condemnation of private property for public use and the like. In 1976 when it was promulgated, President Ronald Reagan discussed it in his weekly radio address.
Withdrawal meant not allowing certain public land to be sold or allotted to homesteading, commercial development, mining, industrial, ranching, or agricultural use. It was reserved as wilderness areas and/or national parks or forests.
Steve H. Hanke (/ˈhæŋki/) is an American applied economist at the Johns Hopkins University in Baltimore, Maryland. He is also a Senior Fellow and Director of the Troubled Currencies Project at the libertarian Cato Institute in Washington, DC, and Co-Director of the Johns Hopkins University's Institute for Applied Economics, Global Health, and the Study of Business Enterprise in Baltimore, Maryland.
