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Coordination Problem

The Marshall Plan

By Pete Boettke

Niall Ferguson discusses how important the Marshall Plan really was to the redevelopment of Europe after WWII.

Thanks to Greg Mankiw for the pointer.

My understanding of the Marshall Plan was shaped by Tyler Cowen’s 1985 piece on the subject that I read as a graduate student. I think Tyler’s analysis has passed the test of time.

Originally published at coordinationproblem.org

Citation

Pete Boettke, The Marshall Plan, Coordination Problem (August 21, 2007) [The Library at LexBlog, LEX-WK-S66XQMAX, lexpid.org/S66XQMAX]

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Practice Area

Government and Public Policy

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Pete Boettke