Prof Steve Hanke has been criticised by the Ashanti Regional Chairman of the New Patriotic Party (NPP), Mr Bernard Antwi-Boasiako, for being an ineffective guest at the Institute of Economic Affairs (IEA).
According to Mr Bernard Antwi-Boasiako, the IEA should concentrate its efforts on bringing Makola market women who know more about economic matters than the American Professor of Applied Economics at the Johns Hopkins University in Baltimore.
According to Wontumionline.com, the NPP chairman, popularly known as Chairman Wontumi, declared that "he is not presenting any fresh thought, he is not coming with anything new" as he dissected Prof Steve Hanke.
"The IEA should be working with our Makola market women instead of a foreigner who doesn't even know what the cedi looks like because they understand economics better. He has no understanding of how trade is conducted in Ghana or who our trading partners are, so he cannot even understand how the conflict in Ukraine is affecting Ghana's economy.”
“Talking about Ghana's economy to such an empty head is like talking to a madman," he said. "He doesn't even have the data to show the number of Ghanaians who go to China to import goods into the country.”
According to Wontumionlien.com, Prof Steve Hanke is expected in Accra for a round table discussion on the economy.
The Ghana Institute for Economic Affairs will host the Senior Fellow and Director of the Troubled Currencies Project at the libertarian Cato Institute in Washington, DC, who teaches applied economics at Johns Hopkins University in Baltimore, Maryland (IEA).
Prof Hanke, who serves as co-director of the Institute for Applied Economics at Johns Hopkins University, will participate in a panel discussion with Dr John Kwakye, head of research at the IEA, Dr Eric Osei Assibey, Professor Alex Darko and Professor John Asafu Adjaye, among others.
The time and date of the event have not yet been announced.