Benn Steil
Benn Steil is Director of International Economics at the Council on Foreign Relations, and co-author of Money, Markets, and Sovereignty, winner of the 2010 Hayek Book Prize.
Benn Steil is Director of International Economics at the Council on Foreign Relations, and co-author of Money, Markets, and Sovereignty, winner of the 2010 Hayek Book Prize.
The dramatic fall of the renminbi since 2014 reflects the slowing of China’s debt-fueled economic growth and the accumulation of default risks. Unlike just a few years ago, the world now has little, i… read more
Imagine that your water pipes have holes, and that, not wanting to pay to repair them, you tell the plumber to turn up the pressure instead. Replace pipes with banks, and you have the logic of the US … read more
