Name Benn Steil | Role Writer | |
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Benn steil the battle of bretton woods
Benn Steil is an economist and writer. 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.
Contents
Benn steil on fed policy
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. He is the editor of the journal International Finance. He is also Director of International Economics at the Council on Foreign Relations.
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." He was also an early advocate of automated trading systems for stock exchanges as a cheaper way for companies to raise fresh capital.
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. He also received the 2013 Spear's Book Award in Financial History for The Battle of Bretton Woods. 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 [Harry Dexter] 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."