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.
Back in 2000, the Deputy Governor of the Bank of England, Mervyn King, gave a speech about monetary policy that has been often-quoted by central bankers around the world (“Balancing the Economic See-Saw,” April 14, 2000). He said:
The Oxford Review of Economic Policy has published a 10-paper symposium on the “Economics of Pandemic Vaccination.”
Offshoring is when production by US companies happens in other places.
For those who do not follow the ins and outs of academic macroeconomics, it is perhaps useful to say that there has been an ongoing struggle in recent decades between what is sometimes called freshwater and saltwater economics.
In a perfect world, an elevator would always be waiting for me, and it would always take me to my desired floor without stopping along the way.
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