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.

 
Who Benefits from Canceling Student Loans?

Who Benefits from Canceling Student Loans?

Student loans are packaged together and then sold as financial securities, just like auto loans and credit card debt and home mortgages.

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Some Economics for Martin Luther King Jr. Day

Some Economics for Martin Luther King Jr. Day

On November 2, 1983, President Ronald Reagan signed a law establishing a federal holiday for the birthday of Martin Luther King Jr., to be celebrated each year on the third Monday in January.

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The US Economy as 2022 Begins

The US Economy as 2022 Begins

The Federal Reserve Bank of New York puts out a monthly publication called “U.S. Economy in a Snapshot,” a compilation of figures and short notes about the most recently available major macroeconomic statistics.

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Advice for Academic Writing About Data

Advice for Academic Writing About Data

As the Managing Editor of an economics journal, I’m always intrigued by advice about what goes into writing a good academic paper. 

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The Fed as Borrower of Last Resort?

The Fed as Borrower of Last Resort?

Economics textbooks teach that one role of central bank during a financial or economic crisis is to act as a short-term “lender of last resort”: that is, when the financial system is in danger of freezing up in a way that can lead to an expanding vicious circle of defaults–as those who can’t get roll-over loans are unable to repay others, who also can’t roll over their loans, and son on–the central bank makes short-term credit available.

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