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.

 
Industry Concentration: Is It Rising Overall?

Industry Concentration: Is It Rising Overall?

One of the simplest ways to measure the degree of competition in an industry is the “four-firm concentration ratio.”

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Some Economics of Black America

Some Economics of Black America

The McKinsey Global Institute has published “The economic state of Black America: What is and what could be” (June 2021). Near the beginning, the report points out:

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Interview: Amartya Sen on a Bicycle

Interview: Amartya Sen on a Bicycle

Christina Pazzanese interviews 87 year-old Amartya Sen (Nobel '98) for the Harvard Gazette (June 3, 2021), wich an amphasis on the long arc of his life and career (‘I’ve never done work that I was not interested in. That is a very good reason to go on.' June 3, 2021).

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From Pandemic to Digitalization to Productivity?

From Pandemic to Digitalization to Productivity?

We know that the pandemic caused people and firms to make much more widespread use of digital technologies: working from home, ordering on-line, tele-medicine, education from K-12  to college delivered on-line, and so on.

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The Social Nature of Government Actions

The Social Nature of Government Actions

Economics famously begins with an idea of individuals pursuing their own interests, and then discusses both the positive and negative dynamics that can emerge.

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