Benn Steil
Benn Steil is an economist and writer.[1] He was educated at Nuffield College, Oxford and at the Wharton School of the University of Pennsylvania. Steil is the senior fellow and director of international economics at the Council on Foreign Relations. He is the founder and editor of the journal International Finance. He has been awarded the Hayek Prize and the Spear's Book Award.
Career
Steil enjoyed a Lloyd's of London Tercentenary Research Fellowship at Nuffield College, Oxford, where he received his MPhil and DPhil (PhD) in economics. He also holds a BSc in economics summa cum laude from the Wharton School of the University of Pennsylvania.
Steil has written influential works on finance and economics.[2] He is the editor of the journal International Finance.[1] He is also Director of International Economics at the Council on Foreign Relations.[1]
He considers that monetary nationalism and globalization is a dangerous combination and recommends that, in order to safely globalize, the world must "abandon unwanted currencies, replacing them with dollars, euros, and multinational currencies as yet unborn."[3] He was also an early advocate of automated trading systems for stock exchanges as a cheaper way for companies to raise fresh capital.[4]
Steil and coauthor Manuel Hinds were awarded the 2010 Hayek Prize from the Manhattan Institute for Policy Research for their work, Money, Markets and Sovereignty.[5] He also received the 2013 Spear's Book Award in Financial History for The Battle of Bretton Woods.[6] In a Wall Street Journal review of The Battle of Bretton Woods, James Grant wrote that Steil "is a talented storyteller. If, perhaps, he lingers too long over just how White's bad thinking differed from Keynes's bad thinking, or why the State Department was mad at the Treasury Department, and vice versa, he more than compensates with the nontechnical fluency of his economic narrative and the engrossing portraits of his two principal characters."[7]
Works
- The Battle of Bretton Woods: John Maynard Keynes, Harry Dexter White, and the Making of a New World Order (2013)[8][9]
- Money, Markets and Sovereignty (2009, with Manuel Hinds)[8][9]
- Financial Statecraft: The Role of Financial Markets in American Foreign Policy (2006, with Robert E. Litan)[8][9]
References
- 1 2 3 "Executive profile of Dr. Benn Steil". Business Week. Retrieved 25 July 2014.
- ↑ Irwin, Neil (14 March 2013). "An interview with Benn Steil". Washington Post.
- ↑ Steil, Benn (May–June 2007). "The End of National Currency". Foreign Affairs 86 (3) (Council on Foreign Relations). pp. 83–96. ISSN 0015-7120. Retrieved 2009-02-02.
- ↑ "Capital gains". The Economist. 8 Feb 2001.
- ↑ "The Manhattan Institute’s 2010 Hayek Prize Awarded to Steil & Hinds: Defenders of Economic Liberalism" (PDF). Manhattan Institute for Policy Research. Retrieved July 29, 2014.
- ↑ "Benn Steil Wins the 2013 Spear’s Book Award". Princeton University Press. Retrieved July 29, 2014.
- ↑ Grant, James (March 15, 2013). "A fateful meeting that shaped the world". Wall Street Journal. Retrieved July 29, 2014.
- 1 2 3 "Dr. Benn Steil". King World News. Retrieved 25 July 2014.
- 1 2 3 "Benn Steil". Council on Foreign Relations. Retrieved 25 July 2014.