Benn Steil
Benn Steil is Director of International Economics at the Council on Foreign Relations and author of The Marshall Plan: Dawn of the Cold War, forthcoming from Simon and Schuster in February 2018.
Benn Steil is Director of International Economics at the Council on Foreign Relations and author of The Marshall Plan: Dawn of the Cold War, forthcoming from Simon and Schuster in February 2018.
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
Over the years 1948-1952, the US devoted the equivalent of $800 billion in today’s dollars to the reconstruction of Western Europe. But whereas the Marshall Plan is widely regarded as the largest and … read more
