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.

 
Ethanol Controversies, Redux

Ethanol Controversies, Redux

From the standpoint of producing carbon-free energy, using ethanol to supplement gasoline might seem like a no-brainer.

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A Nobel for Insights About Banks and Financial Crises: Bernanke, Diamond, and Dybvig

A Nobel for Insights About Banks and Financial Crises: Bernanke, Diamond, and Dybvig

As time goes by, I find it increasingly hard to explain to the non-econ world just what happened back in September 2008, when during a period of perhaps 2-3 weeks there seemed to me a meaningful chance (and by “meaningful,” I mean large enough to keep me awake at night) that the US banking and financial sector would melt down in a way that would have led not just to the substantial recession that did occur, but to something much worse.

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How Much of the Gasoline Price is Crude Oil?

How Much of the Gasoline Price is Crude Oil?

The US Energy Information Administration gives this answer for August 2022:

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Schlesinger: On the Quality of State Department Writing During the Kennedy Administration

Schlesinger: On the Quality of State Department Writing During the Kennedy Administration

Schlesinger was a Harvard history professor who became a “special assistant” to President John F. Kennedy.

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Interview with Pinelopi Goldberg: Trade and Development

Interview with Pinelopi Goldberg: Trade and Development

David A. Price serves as interlocutor in an “Interview” with Pinelopi Goldberg, subtitled “On developing countries, measuring economies by satellite, and the learning crisis” (Econ Focus, Federal Reserve Bank of Richmond, Winter 2022, pp. 22-26).

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