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.

 
Biases from Too Few Choices and Other Topics in Behavioral Economics

Biases from Too Few Choices and Other Topics in Behavioral Economics

The Behavioral Economics Guide 2022, edited by Alain Samson, begins with an essay by Dan Goldstein that offers an unnerving reminder for studies that compare only a few potential outcomes, rather than the full range (“Leveling up Applied Behavioral Economics”).

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The Next Wave of Technology

The Next Wave of Technology

Many discussions of ”technology” and how it will affect jobs and the economy have a tendency to discuss technology as if it is one-dimensional, which is of course an extreme oversimplification.

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The Rise of Faraway Shareholder Meetings

The Rise of Faraway Shareholder Meetings

An old trick in Washington policy circles is to obscure unwelcome news by releasing it late on Friday afternoon–and if it can be Friday afternoon of a three-day weekend, so much the better.

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Central Banks Start to Diversify From US Dollars

Central Banks Start to Diversify From US Dollars

My standard riff on whether the US dollar will remain the world’s dominant currency going forward (for example, here, here, and here) hits some of these themes: It’s useful for world commerce for many transactions to be done in a single currency.

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The Decline of Milk

The Decline of Milk

Milk advertisements are trying to push back against the tide: U.S. milk consumption has been falling for several decades.

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