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Benn Steil

Benn Steil

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Benn Steil is Director of International Economics at the Council on Foreign Relations and the author of The Marshall Plan: Dawn of the Cold War (Simon and Schuster, 2018).

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  1. The Real Cost of De-Dollarization
    steil3_Maureen FischingerGetty Images_dollartorn Maureen Fischinger/Getty Images

    The Real Cost of De-Dollarization

    Aug 16, 2023 Benn Steil urges American policymakers and legislators to refrain from weaponizing the greenback.

  2. The Marshall Plan and “America First”
    Stamp printed in the USA shows George Marshall Neftali/Alamy Stock Photo

    The Marshall Plan and “America First”

    Aug 4, 2017 Benn Steil of the Council on Foreign Relations shows why making America great required – and still requires – great allies.

  3. The Retreat of the Renminbi
    renminbi Jie Zhao/Getty Images

    The Retreat of the Renminbi

    Jun 22, 2017 Benn Steil & Emma Smith explore the main causes behind the rapid decline of the Chinese currency's global standing.

  4. Washed Away on the QE2
    cd66140446f86f380ee27021_dr4479c.jpg

    Washed Away on the QE2

    Jan 4, 2011 Benn Steil

  1. buiter54_FABRICE COFFRINIAFP via Getty Images_swissnationalbank Fabrice Coffrini/AFP via Getty Images

    The Positive Case for Negative Rates

    Willem H. Buiter & Ebrahim Rahbari see the widely scorned monetary-policy tool as a necessary option in the absence of fiscal alternatives.
  2. ahzhang20_PETER CATTERALLAFP via Getty Images_deepseek Peter Catterall/AFP via Getty Images

    Will DeepSeek Upend US Tech Dominance?

    Angela Huyue Zhang says the firm’s disruption of the AI industry is about market – not great-power – competition.
  3. buruma222_Anna MoneymakerGettyImages_donald_trump_cross Anna Moneymaker/Getty Images

    Breaking US Democracy Beyond Repair

    Ian Buruma warns that Donald Trump’s efforts to tear down America’s “civic religion” will be difficult to reverse.
  4. patten172_Scott OlsonGetty Images_trump Scott Olson/Getty Images

    Can the Liberal International Order Survive Without America?

    Chris Patten urges Western countries to safeguard the institutions that have underpinned their postwar stability.
  5. norrlof9_Chip SomodevillaGetty Images_trump Chip Somodevilla/Getty Images

    Tariff Man’s Risky Bet

    Carla Norrlöf

    In betting that the economic fallout from his sweeping new tariffs will be worth the gains in border security, US President Donald Trump is gambling with America’s long-term influence and prosperity. In the future, more countries will have even stronger reasons to try to reduce their reliance on the United States.

    thinks Donald Trump's trade policies will undermine the very goals they aim to achieve.
  6. parke2_Odd AndersenGettyImages_nihon_hidankyo_nobel Odd Andersen/Getty Images

    The Case for Abolishing Nuclear Weapons

    Melissa Parke calls for eliminating arsenals to commemorate the 80th anniversary of the bombings of Hiroshima and Nagasaki.
  7. acemoglu83_Anna BarclayGetty Images_deepseek Anna Barclay/Getty Images

    A Sputnik Moment for AI?

    Daron Acemoglu

    While America’s AI industry arguably needed shaking up, the news of a Chinese startup beating Big Tech at its own game raises some difficult questions. Fortunately, if US tech leaders and policymakers can take the right lessons from DeepSeek's success, we could all end up better for it.

    considers what an apparent Chinese breakthrough means for the US tech industry, and innovation more broadly.
  8. ronde1_PhotosbypatrikGettyImages_apps Photosbypatrik/Getty Images

    Danish Media’s United Stand Against Big Tech

    Karen Rønde urges all publishers to bargain collectively to secure the fair compensation quality journalism requires.
  9. ito44_ANDREW CABALLERO-REYNOLDSAFP via Getty Images_IwayaRubio Andrew Caballero-Reynolds/AFP via Getty Images

    East Asia Braces for Trump 2.0

    Takatoshi Ito warns America’s key regional allies to be prepared to make concessions to the new US administration.

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