The Marshall Plan: Dawn of the Cold War

February 28, 2019

Please join us for

“The Marshall Plan: Dawn of the Cold War”
with Dr. Benn Steil

Thursday, February 28, 2019
5:30 pm with reception to follow

Pogue Auditorium
George C. Marshall Foundation
VMI Parade, Lexington, Virginia

Reservations required by calling Leigh McFaddin at 540-463-7103, ext. 138 or by email to reservations@marshallfoundation.org. Seating will be first come, first served. Members and students will be admitted free; non-members will pay $15 at the door.

A part of the George C. Marshall Legacy Series

About the lecture

In the wake of World War II, with Britain’s empire collapsing and Stalin’s on the rise, U.S. officials under new secretary of state George C. Marshall set out to reconstruct western Europe as a bulwark against communist authoritarianism. Their massive, costly, and ambitious undertaking would confront Europeans and Americans alike with a vision at odds with their history and self-conceptions. In the process, they would drive the creation of NATO, the European Union, and a Western identity that continues to shape world events. Focusing on the critical years 1947 to 1949, Benn Steil’s thrilling account brings to life the seminal episodes marking the collapse of postwar U.S.-Soviet relations—the Prague coup, the Berlin blockade, and the division of Germany. In each case, we see and understand like never before Stalin’s determination to crush the Marshall Plan and undermine American power in Europe.

About Dr. Benn Steil

Dr. Benn Steil is senior fellow and director of international economics, as well as the official historian in residence, at the Council on Foreign Relations in New York. He is also the founding editor of International Finance, a scholarly economics journal; lead writer of the Council’s Geo-Graphics economics blog; and creator of four web-based interactives tracking Global Monetary Policy, Global Imbalances, Sovereign Risk, and Central Bank Currency Swaps. Prior to his joining the Council in 1999, he was director of the International Economics Programme at the Royal Institute of International Affairs in London. He came to the Institute in 1992 from 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.

Dr. Steil has written and spoken widely on international finance, monetary policy, financial markets, and economic and diplomatic history. He has testified before the U.S. House, Senate, and CFTC, and is a regular op-ed writer and commentator on CNBC. Paul Kennedy in the Wall Street Journal called his latest book, The Marshall Plan: Dawn of the Cold War, “brilliant”; the New York Times called it “trenchant and timely”; the Financial Times called it “elegant in style and impressive in insights”; and the Christian Science Monitor called it a “gripping, complex, and critically
important story that is told with clarity and precision.” His previous book, The Battle of Bretton Woods: John Maynard Keynes, Harry Dexter White, and the Making of a New World Order, won the 2013 Spear’s Book Award in Financial History, took third prize in CFR’s 2014 Arthur Ross Book Award competition, was shortlisted for the 2014 Lionel Gelber Prize (“the world’s most important prize for non-fiction,” according to The Economist), and was the top book-of-the-year choice in Bloomberg’s 2013 poll of global policymakers and CEOs. The book was called “a triumph of economic and diplomatic history” by the Financial Times, “a superb history” by the Wall Street Journal, “the gold standard on its subject” by the New York Times, and “the publishing event of the season” by Bloomberg’s Tom Keene. An earlier book, Money, Markets, and Sovereignty, was awarded the 2010 Hayek Book Prize.