Timothy Taylor

Timothy Taylor Global Economy Expert

Timothy Taylor is an American economist. He is managing editor of the Journal of Economic Perspectives, a quarterly academic journal produced at Macalester College and published by the American Economic Association. Taylor received his Bachelor of Arts degree from Haverford College and a master's degree in economics from Stanford University. At Stanford, he was winner of the award for excellent teaching in a large class (more than 30 students) given by the Associated Students of Stanford University. At Minnesota, he was named a Distinguished Lecturer by the Department of Economics and voted Teacher of the Year by the master's degree students at the Hubert H. Humphrey Institute of Public Affairs. Taylor has been a guest speaker for groups of teachers of high school economics, visiting diplomats from eastern Europe, talk-radio shows, and community groups. From 1989 to 1997, Professor Taylor wrote an economics opinion column for the San Jose Mercury-News. He has published multiple lectures on economics through The Teaching Company. With Rudolph Penner and Isabel Sawhill, he is co-author of Updating America's Social Contract (2000), whose first chapter provided an early radical centrist perspective, "An Agenda for the Radical Middle". Taylor is also the author of The Instant Economist: Everything You Need to Know About How the Economy Works, published by the Penguin Group in 2012. The fourth edition of Taylor's Principles of Economics textbook was published by Textbook Media in 2017.

The Untapped Potential of Migration: Understanding the Barriers and Benefits

The Untapped Potential of Migration: Understanding the Barriers and Benefits

Moving either within or between countries is often part of a life change that triggers substantially better outcomes.

Timothy Taylor
17/07/2024
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Interview with Edmund Phelps: Macro and Capitalism

Interview with Edmund Phelps: Macro and Capitalism

Edmund Phelps won the Nobel prize in economics in 2006 for “for his analysis of intertemporal tradeoffs in macroeconomic policy.”

Timothy Taylor
15/07/2024
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America’s Elevator Problem

America’s Elevator Problem

Stephen Smith tells the story of how he lived in a walk-up building in New York City–that is, no elevator–which seemed like a good idea until he developed a health problem that made walking up stairs difficult.

Timothy Taylor
12/07/2024
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Are American Jobs Really All that Bad?

Are American Jobs Really All that Bad?

Thinking back over the half-century or so that I have been paying attention to the US economy, I can’t offhand remember a time when most people believed that the quality of American jobs was high and/or rising.

Timothy Taylor
10/07/2024
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Interview with Chad Syverson: Mysteries of Productivity

Interview with Chad Syverson: Mysteries of Productivity

Janet Bush of the McKinsey Global Institute interviews Chad Syverson in “Unpacking the Mysteries of the Global Economy” (July 2, 2024, audio and text available).

Timothy Taylor
08/07/2024
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Interview with Joseph Stiglitz: Theories, Policy, Legacy

Interview with Joseph Stiglitz: Theories, Policy, Legacy

Tyler Cowen interviews Joseph Stiglitz (Nobel ’01) on his “Conversations with Tyler” podcast: “Joseph Stiglitz on Pioneering Economic Theories, Policy Challenges, and His Intellectual Legacy” (June 26, 2024).

Timothy Taylor
01/07/2024
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The Evolving Economic Role of Women: Goldin’s Nobel Lecture

The Evolving Economic Role of Women: Claudia Goldin’s Nobel Lecture

Claudia Goldin’s Nobel prize lecture, “An Evolving Economic Force,” has now been published in the June 2024 issue of the American Economic Review.

Timothy Taylor
27/06/2024
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 The Birth of Insurance Markets: 14th-Century Italian Maritime Trading

The Birth of Insurance Markets: 14th-Century Italian Maritime Trading

When did the first recognizably modern markets for insurance emerge?

Timothy Taylor
26/06/2024
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A Conversation with Anne Krueger: Rent-Seeking and Other Topics

A Conversation with Anne Krueger: Rent-Seeking and Other Topics

Anne Krueger has a remarkable resume, including Chief Economist at the World Bank from 1982-86 (where she is widely credited with substantially upgrading the quality of published research) and First Deputy Managing Director of IMF from 2001-2007.

Timothy Taylor
25/06/2024
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Trade Wars Are Easy to Win, and Income Tax is Easy to Eliminate

Trade Wars Are Easy to Win, and Income Tax is Easy to Eliminate

Many politicians and members of the public believe international trade is harmful to the US economy.

Timothy Taylor
25/06/2024
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