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 Coase Theorem: A Process of Becoming

The Coase Theorem: A Process of Becoming

Steven Medema know more about the history of the Coase theorem than many of us know about our spouses.

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Analyzing US Wealth Patterns

Analyzing US Wealth Patterns

When I first started paying attention to national-level economic statistics in the late 1970s and early 1980s, it was commonly taught that the ratio of national wealth to GDP was more-or-less a constant over time.

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Prime-Age Males Not in the Labor Force: Some Patterns

Prime-Age Males Not in the Labor Force: Some Patterns

Being "in the labor force," in the economics jargon, refers either to having a job or being unemployed and looking for work.

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China's Belt and Road Initiative Collides with Pandemic Realities

China's Belt and Road Initiative Collides with Pandemic Realities

One of China's signature economic and foreign policy initiatives in the last few years has been the Belt and Road Initiative.

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Recessions and Energy Efficiency

Recessions and Energy Efficiency

At least to me, it's not immediately obvious how a recession might affect energy efficiency--which can be defined as the amount of energy needed to produce a given amount of output.

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