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.

 
Lessons from James Tobin: The Virtues of Strategic Sloppiness

Lessons from James Tobin: The Virtues of Strategic Sloppiness

For those unfamiliar with academic macroeconomics, there's an ongoing struggle between what's known as freshwater and saltwater economics.

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The Reputation of Karl Marx and the Soviet Revolution of 1917

The Reputation of Karl Marx and the Soviet Revolution of 1917

Karl Marx (1818-1883) remains one of the most highly cited authors in academic literature, 140 years after his death.

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What is the Weirdness of the Job Openings Data Telling Us?

What is the Weirdness of the Job Openings Data Telling Us?

Job openings were sky-high in late 2022, and while the level has come down since then, they remain high compared to the previous 20 years.

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High US Health Care Spending: Higher Prices or Higher Quantities?

High US Health Care Spending: Higher Prices or Higher Quantities?

The US spends a much higher share of its GDP on health care than other advanced economies.

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Maybe Studying Economics Does Not Make You Selfish

Maybe Studying Economics Does Not Make You Selfish

The relationship between studying economics and selfish behavior has been a topic of debate and speculation.

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