Timothy Taylor - Page #117

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 Spread in Labor Costs Across the European Union

In a common market, labor costs will look fairly similar across areas.

Written by: Timothy Taylor
01/04/2021
4

Data and Development

The 2021 World Development Report one of the annual flagship reports of the World Bank, is focused on the theme of "Data for Better Lives" (released in March 2021).

Written by: Timothy Taylor
31/03/2021
6

Will the Fed Keep Interest Rates Low for the US Treasury?

Looking at the long-term budget projections from the Congressional Budget Office, which are based on current legislation, a key problem is that interest payments on past borrowing start climbing higher and higher--and as those have over-borrowed on their credit cards know all too well, once you are on that interest rate treadmill it's hard to get off.

Written by: Timothy Taylor
30/03/2021
2

Mission Creep for Bank Regulators and Central Banks

The standard argument for government regulators who supervise the extent of bank risk is that if banks take on too much risk in the pursuit of short-term profits, but also raise the risk of becoming insolvent, there are dangers not just to the banks themselves, but also risk to to bank depositors, the supply of credit in the economy, and other intertwined financial institutions.