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.
Income refers to what is received in a certain period of time, which is why we refer to “annual income” or “weekly paycheck.”
There’s a standard story about the underlying causes of the Great Recession of 2007-9.
David A. Price has an interview with “Ayşegül Şahin: On age growth, labor’s share of income, and the gender unemployment gap” (Econ Focus: Federal Reserve Bank of Richmond, Second/Third Quarter 2021, pp. 18-22).
The Congressional Budget Office has published “The Distribution of Household Income, 2018” (August 2021). It takes a couple of years to pull this data together in a reliable way.
One possible clean energy agenda is “electrify everything,” with the idea being to focus on carbon-free methods of generating electricity.
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