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 Generic Drugs Antitrust Case

The Generic Drugs Antitrust Case

Imagine that in the market for generic drugs, a group of companies form a cartel to raise prices on the products controlled by their group.

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Interview with Stephen Levitt

Interview with Stephen Levitt

Jon Hartley has a wonderful interview with Steven Levitt at the “Capitalism and Freedom in the 21st Century” podcast (“Steven D. Levitt (Freakonomics co-author and University of Chicago Economics Professor) on His Career And Decision To Retire From Academic Economics,” March 7, 2024).

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Basic Income Proposals, Labor Market Interactions, and Good Jobs

Basic Income Proposals, Labor Market Interactions, and Good Jobs

The primary argument for a government-provided basic income is that it will make those with low incomes better off, by increasing their financial resources and by allowing them to negotiate for better jobs.

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One Year Since the Meltdown at Silicon Valley Bank: Commercial Real Estate and Ongoing Threats

One Year Since the Meltdown at Silicon Valley Bank: Commercial Real Estate and Ongoing Threats

One year ago in March 2023, Silicon Valley Bank melted down, quickly followed by similar meltdowns at Signature Bank and First Republic Bank.

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A Century of Movement Toward Central Bank Independence

A Century of Movement Toward Central Bank Independence

There has been a controversy in recent decades about the independence of central banks from the rest of the government.

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