Task Forces and Working Groups
Task Forces and Working Groups
virtues of a free society
Islamism and the international order
K–12 education
health care policy
national security

Publications

OP-ED ARTICLES AND COLUMNS
Obama and the IMF Are Unhappy With Congress? Good
John B. Taylor Wall Street Journal, February 14, 2014
A Dutch Cure for the Dutch Disease
Michael Boskin Project Syndicate, January 16, 2014
It’s Time to Rethink Health Insurance
George P. Shultz, Scott W. Atlas and John F. Cogan Los Angeles Times, January 5, 2014
The Economic Hokum of 'Secular Stagnation'
John B. Taylor Wall Street Journal, January 1, 2014
The Young, the Restless and Economic Growth
Ed Lazear Wall Street Journal, December 22, 2013
How Will the History Books Remember Ben Bernanke?
John B. Taylor Wall Street Journal, December 17, 2013
How Will the History Books Remember Ben Bernanke?
Michael Bordo Wall Street Journal, December 17, 2013
Economic Failure Causes Political Polarization
John B. Taylor Wall Street Journal, October 28, 2013
How 'Debt Ceilings' Increase Debt
Gary S. Becker and Edward Paul Lazear Wall Street Journal, October 23, 2013
How to Stop Lurching From One Budget Crisis to the Next
Michael J. Boskin, Wall Street Journal, October 14, 2013
What Economic Recovery?
John B. Taylor and Lee Ohanian, Defining Ideas, September 18, 2013
The Weak Recovery Explains Rising Inequality, Not Vice Versa
John B. Taylor Wall Street Journal, September 9, 2013
The 2016 Disability Insurance Time Bomb
Michael J. Boskin Wall Street Journal, July 14, 2013
The North American Global Powerhouse
George P. Shultz Wall Street Journal, July 11, 2013
Once Again, the Fed Shies Away From the Exit Door
John B. Taylor Wall Street Journal, July 11, 2013
Quantitative Quicksand
Allan Meltzer, Project Syndicate, June 6, 2013
How to Let Too-Big-To-Fail Banks Fail
John B. Taylor and Kenneth E. Scott Wall Street Journal, May 15, 2013
A Better Strategy for Faster Growth
George P. Shultz, Gary S. Becker, Michael J. Boskin, John F. Cogan, Allan H. Meltzer, and John B. Taylor Wall Street Journal, March 24, 2013
How the House Budget Would Boost the Economy
John B. Taylor and John F. Cogan Wall Street Journal, March 18, 2013
Sequester Impact Small, Says Stanford Professor: Chart
John B. Taylor, Bloomberg, March 1, 2013
A Market Solution to Immigration Reform
Gary S. Becker and Edward Paul Lazear Wall Street Journal, March 1, 2013
Fed Policy Is a Drag on the Economy
John B. Taylor, Wall Street Journal, January 28, 2013
Prescott and Ohanian: Taxes Are Much Higher Than You Think
Lee Ohanian and Edward Prescott, Wall Street Journal, December 11, 2012
Payroll Taxes Are 'Regressive'? Time to Rethink That Idea
Lee Ohanian and Kip Hagopian, Wall Street Journal, October 29, 2012
Intro to Romneynomics
John B. Taylor, Defining Ideas, October 29, 2012
The Anatomy of Government Failure
Michael J. Boskin, Wall Street Journal, October 25, 2012
A Note On the Effects of the Higher National Debt On Economic Growth
Michael J. Boskin, SIEPR Policy Brief, October 2012
The Romney Cure For Obama-Induced Economic Ills
John B. Taylor, Wall Street Journal, October 3, 2012
The Magnitude of the Mess We're In
George P. Shultz, Michael J. Boskin, John F. Cogan, Allan H. Meltzer, and John B. Taylor, Wall Street Journal, September 16, 2012
The Hidden Costs of Monetary Easing
John B. Taylor and Phil Gramm, Wall Street Journal, September 12, 2012
When Volcker Ruled
John B. Taylor, Wall Street Journal, September 8, 2012
California Bad Dreaming
Michael J. Boskin, Project Syndicate, July 25, 2012
The Fed, the financial crisis and monetary history
Allan H. Meltzer, Forbes, July 25, 2012
The Road to Recovery
John B. Taylor, City Journal, Summer 2012
George Shultz: Memo to Romney — Expand the Pie
Interview with George P. Shultz, Wall Street Journal, July 13, 2012
What's Wrong With the Federal Reserve?
Allan H. Meltzer, Wall Street Journal, July 10, 2012
Monetary Policy and the Next Crisis
John B. Taylor, Wall Street Journal, July 5, 2012
Slowing foreclosures will harm housing market
John B. Taylor and Douglas Holtz-Eakin, San Francisco Chronicle, July 2, 2012
Obama and 'The Wealth of Nations'
Michael J. Boskin, Wall Street Journal, July 2, 2012
The Wrong Remedy for Health Care
John F. Cogan, R. Glenn Hubbard, and Daniel P. Kessler Wall Street Journal, June 28, 2012
Jumpstart the Economy!
John B. Taylor, Defining Ideas, June 6, 2012
California's Casino Budgeting
Michael J. Boskin and John F. Cogan, Wall Street Journal, June 4, 2012
Rules for America's Road to Recovery
John B. Taylor, Wall Street Journal, June 1, 2012
Threading the Fiscal Needle
Michael J. Boskin, Project Syndicate, May 24, 2012
The Dangers of an Interventionist Fed
John B. Taylor, Wall Street Journal, March 29, 2012
Whither Europe?
Michael J. Boskin, Project Syndicate, March 26, 2012
ObamaCare's Bogus Cost Savings
Daniel P. Kessler, Wall Street Journal, March 14, 2012
California's Greek Tragedy
Michael J. Boskin and John F. Cogan, Wall Street Journal, March 13, 2012
A Better Grecian Bailout
John B. Taylor, Wall Street Journal, February 22, 2012
Washington's Knack for Picking Losers
Michael J. Boskin, Wall Street Journal, February 15, 2012
Economics for the Long Run
John B. Taylor, Wall Street Journal, January 25, 2012
Federal Interpretation of Volcker Rule Would Lead to Constraints on US Economic Growth and Recovery
Darrell Duffie, Stanford Graduate School of Business News, January 17, 2012
Want Growth? Try Stable Tax Policy
John B. Taylor, Wall Street Journal, December 21, 2011
After MF Global: how to protect customers’ cash
Darrell Duffie and Joseph Grundfest, Financial Times, December 5, 2011
Europe’s Last Best Chance
Michael Boskin, Project Syndicate, November 25, 2011
The GOP Candidates Square Off on Taxes
Michael Boskin, Wall Street Journal, November 3, 2011
A Slow-Growth America Can't Lead the World
John B. Taylor, Wall Street Journal, November 1, 2011
Stimulus Has Been a Washington Job Killer
John F. Cogan and John B. Taylor, Wall Street Journal, October 4, 2011
Europe’s Triple Threat
Michael Boskin, Project Syndicate, September 22, 2011
End the Fed's Dual Mandate And Focus on Prices
John Taylor, Bloomberg, September 16, 2011
The Obama Presidency by the Numbers
Michael Boskin, Wall Street Journal, September 8, 2011
The First Shot in the War on Terrorism
John Taylor, Bloomberg, September 8, 2011
Not More of the Same
John Taylor, New York Times, September 6, 2011
The Great Recession and Government Failure
Gary Becker, Wall Street Journal, September 2, 2011
Stanford experts: how 9/11 has changed the world
John Taylor, Stanford News Service , August 31, 2011
As Fed Meets, Two Lessons from 30 Years at Jackson Hole
John Taylor, Bloomberg, August 24, 2011
Medicare Reform: Obama vs. Ryan
John Taylor and Daniel Kessler, Wall Street Journal, August 17, 2011
’Steady As You Go’ Still Good Policy for Uncertain Times
John Taylor, Bloomberg, August 11, 2011
Done Right, A Debt Agreement Could Still Yield Positives
John Taylor, Bloomberg, July 31, 2011
The Euro-American Debt Dilemma
Michael Boskin, Project Syndicate, July 29, 2011
The End of the Growth Consensus
John Taylor, Wall Street Journal, July 21, 2011
A Two-Step Approach to Solving the Budget Impasse
John B. Taylor, Bloomberg, July 13, 2011
On the 10th Anniversary of the Keynesian Revival
John B. Taylor, Bloomberg, July 7, 2011
Five Lessons for Deficit Busters
Michael Boskin, Wall Street Journal, June 20, 2011
Government Is More to Blame for Weak Recovery Than Fading Stimulus
John B. Taylor, Bloomberg, June 9, 2011
In Praise of Debt Limit “Chicken”
John B. Taylor, Wall Street Journal, June 2, 2011
A History Lesson for Entitlement Reform
John B. Taylor, Bloomberg, June 2, 2011
Book Review of Reckless Endangerment by Gretchen Morgenson and Joshua Rosner
John B. Taylor, Washington Post, May 29, 2011
Echoes: After Revolution, the Hard Part
John B. Taylor, Bloomberg, May 26, 2011
Voters vs. the Welfare State
Michael Boskin, Project Syndicate, May 24, 2011
The Millionaire Retirees Next Door
John F. Cogan, Wall Street Journal, May 12, 2011
Obama's Permanent Spending Binge
John B. Taylor, Wall Street Journal, April 22, 2011
Spending Cutters Gain Credibility
John B. Taylor, Wall Street Journal, April 13, 2011
Time for a Budget Game-Changer
Gary Becker, George Shultz, and John Taylor, Wall Street Journal, April 4, 2011
The Cycle of Rules and Discretion in Economic Policy
John B. Taylor, National Affairs, Spring, 2011
The Time for Spending Cuts Is Now
Michael Boskin, Wall Street Journal, February 11, 2011
A Two-Track Plan to Restore Growth
John B. Taylor, Wall Street Journal, January 28, 2011
A Tale of Two Currency Areas
Michael Boskin, Project Syndicate, January 24, 2011
Where Did the Stimulus Go?
John F. Cogan and John B. Taylor, Commentary magazine, January 2011
The Obama Stimulus Impact? Zero
John F. Cogan and John B. Taylor, Wall Street Journal, December 9, 2010
Refocus The Fed On Price Stability Instead Of Bailing Out Fiscal Policy
John Taylor and Paul Ryan, Investor's Business Daily, December 1, 2010
Why the Spending Stimulus Failed
Michael Boskin, Wall Street Journal, December 1, 2010
Obama’s Difficult Fiscal Summer
Michael Boskin, Project Syndicate, September 22, 2010
Principles for Economic Revival
George Shultz, Michael Boskin, John Cogan, John Taylor, and Allan Meltzer, Wall Street Journal, September 16, 2010
What Should the Federal Reserve Do Next?
John Taylor, Wall Street Journal, September 9, 2010
The Recession Dating Game
Michael Boskin, Project Syndicate, July 26, 2010
The Dodd-Frank Financial Fiasco
John B. Taylor, Wall Street Journal, July 1, 2010
Central banks are losing credibility
John B. Taylor, Financial Times, May 11, 2010
Time to Junk the Corporate Tax
Michael J. Boskin, Wall Street Journal, May 6, 2010
How to Avoid a ‘Bailout Bill’
John B. Taylor, Wall Street Journal, May 3, 2010
New Tremors in Global Finance and Trade
Michael J. Boskin, Project Syndicate, March 23, 2010
In Defense of Financial Speculation
Darrell Duffie, Wall Street Journal, February 24, 2010
When Deficits Become Dangerous
Michael J. Boskin, Wall Street Journal, February 11, 2010
Analysing the Impact of the Fed’s Mortgage-backed Securities Purchase
Johannes C. Stroebel and John B. Taylor, VoxEU.org, January 27, 2010
The Fiscal Crisis Down Below
Michael J. Boskin, Project Syndicate, January 22, 2010
Don't Like the Numbers? Change 'Em
Michael J. Boskin, Wall Street Journal, January 14, 2010
The Fed and the Crisis: A Reply to Ben Bernanke
John B. Taylor, Wall Street Journal, January 11, 2010
Uncertainty and the Slow Recovery
Gary S. Becker, Wall Street Journal, January 3, 2010
What's Needed is Uncommon Wisdom
Joseph A. Grundfest, What's Needed is Uncommon Wisdom, DealBook Dialogue Too Soon to Rethink? Assessing the Financial Crisis, New York Times, October 6, 2009
Industrial Policy Returns from the Grave
Michael J. Boskin, syndicated column, November 24, 2009
An Alternative Stimulus Plan
Michael J. Boskin, Wall Street Journal, November 17, 2009
How California Can Get Its Groove Back
Michael J. Boskin and John F. Cogan, Wall Street Journal, September 30, 2009
The Government Debt Bomb
Michael J. Boskin, syndicated column, September 23, 2009
The Stimulus Didn’t Work
John F. Cogan, John B. Taylor, and Volker Wieland, Wall Street Journal, September 17, 2009
Taylor Rule Change Will Hurt Fed’s Inflation Fight: John Taylor
John Taylor, Bloomberg, August 25, 2009
Fed does not need more powers
John Taylor, Financial Times, August 10, 2009
It's Worth the Trouble to Value Toxic Assets
Kenneth E. Scott, Wall Street Journal, August 1, 2009
Of Banks and Bailouts
Michael J. Boskin, syndicated column, July 23, 2009
Obama Needs a Move to the Middle
Michael Boskin, Wall Street Journal, July 22, 2009
Why Toxic Assets Are So Hard to Clean Up
Kenneth E. Scott and John B. Taylor, Wall Street Journal, July 20, 2009
Exploding Debt Threatens America
John B. Taylor, Financial Times, May 27, 2009
Grading Obamanomics
Michael J. Boskin, syndicated column, May 25, 2009
Obama's $163,000 Tax Bomb
Michael J. Boskin, Wall Street Journal, April 3, 2009
Global Disaster Recovery
Michael J. Boskin, syndicated column, March 23, 2009
The Threat Posed by Ballooning Federal Reserves
John B. Taylor, Financial Times, Mar. 23, 2009
Obama's Radicalism Is Killing the Dow
Michael Boskin, Wall Street Journal, March 6, 2009
The Euro at Ten
Michael J. Boskin, syndicated column, February 17, 2009
An Experiment of Great Uncertainty
Michael J. Boskin, New York Times, February 10, 2009
How Government Created the Financial Crisis
John B. Taylor, Wall Street Journal, Feb. 9, 2009
"Think Long" To Solve the Crisis
George P. Shultz, Wall Street Journal, Jan. 30, 2009
Investors Want Clarity Before They Take Risks
Michael J. Boskin, Wall Street Journal, Jan. 23, 2009
Perspectives on the New Architecture for the U.S. National Accounts
Michael Boskin, Paper to be presented at the American Economic Association Meetings, San Francisco, California, January 4, 2009
Bursting the Bubble
Michael J. Boskin, New York Times, Nov. 29, 2008
Why Permanent Tax Cuts Are the Best Stimulus
John B. Taylor, Wall Street Journal, Nov. 25, 2008
Our Next President and the Perfect Economic Storm
Michael J. Boskin, Wall Street Journal, Oct. 23, 2008
Derivatives and Mass Financial Destruction
Darrell Duffie, Wall Street Journal, Oct. 22, 2008
Obamanomics Is a Recipe for Recession
Michael Boskin, Wall Street Journal, July 29, 2008
The Coming Tax Bomb
John F. Cogan and R. Glenn Hubbard, Wall Street Journal, Apr. 8, 2008
Notable & Quotable – Comments from Gary Becker on Housing Markets
Gary Becker, Wall Street Journal, Mar. 22, 2008
How Not to Fix the Economy
Michael Boskin, Wall Street Journal, Dec. 13, 2007
The Silver Lining in America's Subprime Cloud
George Shultz and John B. Taylor, Financial Times, Nov. 5, 2007

WORKING PAPERS ON ECONOMIC POLICY
73. Re-Normalize, Don’t New-Normalize Monetary Policy
John B. Taylor, April 2014
72. The Conduct of Monetary Policy
Kevin Warsh, Cato Journal, Vol. 33, No. 3 (Fall 2013)
71. Review of The Federal Reserve and the Financial Crisis by Ben S. Bernanke
Michael Bordo, August 2013
70. Fiscal Consolidation Strategy: An Update for the Budget Reform Proposal of March 2013
John F. Cogan, John B. Taylor, Volker Wieland, Maik Wolters, March 18, 2013. (Also Working Paper 68 of the Institute for Monetary and Financial Stability, University of Frankfurt)
69. International Monetary Coordination and the Great Deviation
John B. Taylor, January 2013
68. The Effectiveness of Central Bank Independence Versus Policy Rules
John B. Taylor, January 2013
67. Replumbing Our Financial System: Uneven Progress
Darrell Duffie, July 19, 2012
66. Fiscal Consolidation Strategy
John F. Cogan, John B. Taylor, Volker Wieland, Maik Wolters, June 14, 2012
65. Monetary Policy Rules Work and Discretion Doesn’t: A Tale of Two Eras
John B. Taylor, March 2012
64. A Comparison of Governement Regulation of Risk in the Financial Services and Nuclear Power Industries
John B. Taylor and Frank A. Wolak, January 22, 2012
63. Whither the Euro: Some Lessons from the History of Fiscal Unions
Michael D. Bordo, Rutgers University, NBER and Hoover Institution, Stanford University; Remarks Prepared for CIGI-INET conference “Sovereign Debtors in Distress;” February 25 2012
62. Could the United States Have had a Better Central Bank? An Historical Counterfactual Speculation
Michael D. Bordo, paper written for the symposium on “The Federal Reserve’s Centenary” Journal of Macroeconomics, preliminary draft December 2011
61. The Risks of Fiscal Turmoil for Monetary Policy: Some Lessons from History
Michael D. Bordo, Remarks Prepared for the Shadow Open Market Committee meeting October 21, 2011
60. Deep Recessions, Fast Recoveries, and Financial Crises: Evidence from the American Record
Michael D. Bordo, Rutgers University and NBER; and Joseph G. Haubrich Federal Reserve Bank of Cleveland; September 13, 2011
59. Monetary Policy Rules Work and Discretion Doesn’t: A Tale of Two Eras
John Taylor, Journal of Money Credit and Banking, forthcoming 2012
58. A Comparison of Government Regulation of Risk in the Financial Services and Nuclear Power Industries
John Taylor and Frank A. Wolak, in The Nuclear Enterprise, Sidney Drell and George P. Shultz (Eds.), Hoover Institution Press, Stanford California, forthcoming 2012
57. Market Making Under the Proposed Volcker Rule
Darrell Duffie, Working Paper on the market making restrictions proposed by the SEC, Fed, FDIC, and OCC in implementation of the “Volcker Rule.” January, 2012
56. Milton Friedman: Non-Research Activities 1976-89
Allan Meltzer, January 2011
55. Policy Issues in the Design of Tri-Party Repo Markets
Darrell Duffie (with Adam Copeland, Antoine Martin, and Susan McLaughlin), Working Paper, Stanford University and Federal Reserve Bank of New York, July, 2011
54. Systemic Risk Exposures: A 10-by-10-by-10 Approach
Darrell Duffie, Working Paper, National Bureau of Economic Research, Systemic Risk Measurement Initiative, July, 2011
53. An Empirical Analysis of the Revival of Fiscal Activism in the 2000s
John Taylor, June 29, 2011, forthcoming in the Journal of Economic Literature
52. What financial system for the 21st century?
Andrew Crockett, Per Jacobsson lecture, Basel, June 26, 2011
51. On the Clearing of Foreign Exchange Derivatives Comment on U.S. Treasury, Determination of Foreign Exchange Swaps and Foreign Exchange Forwards under the Commodity Exchange Act
Darrell Duffie, Graduate School of Business, Stanford University, May 2011
50. The United States Securities and Exchange Commission v. Goldman, Sachs & Co. and Fabrice Tourre
Joseph A. Grundfest, Stanford, Calif.: Rock Center for Corporate Governance, April 27, 2011
49. The Eurozone Debt Crisis In Historical Perspective
Lee C. Buchheit, February 27, 2011
48. Historical Evidence on the Benefits of Rules-Based Economic Policies
John B. Taylor, January 7, 2011
47. How Big were the Government Responses to the Recession?
Barry Anderson, January 2011
46. Review of Allan Meltzer’s A History of the Federal Reserve, Volume 2
John Taylor, forthcoming in the Journal of Monetary Economics, November 2010
45. Legislating a Rule for Monetary Policy
John Taylor, Luncheon Address at Cato Monetary Conference, November 18, 2010
44. What the Government Purchases Multiplier Actually Multiplied in the 2009 Stimulus Package
John F. Cogan and John B. Taylor, October 2010
43. Keynesian Government Spending Multipliers and Spillovers in the Euro Area
Tobias Cwik and Volker Wieland, September 2010
42. Commentary: Monetary Policy after the Fall
John B. Taylor, FRB of Kansas City Symposium, Jackson Hole, WY, August 28, 2010
41. Politics and the Fed
Allan H. Meltzer, March 2010
40. Is There a Case for Banning Short Speculation in Sovereign Bond Markets?
Darrell Duffie, May 25, 2010
39. Ambiguity in Asset Markets
Martin Schneider and Larry Epstein, April 2010
38. Lessons from the Financial Crisis for Monetary Policy in Emerging Markets
John B. Taylor, L. K. Jha Lecture, Reserve Bank of India, February 24, 2010
37. Trend and Cycle in Bond Premia
Monika Piazzesi and Martin Schneider, February 2010
36. Measurement Issues in the Proxy Access Debate
Joseph A. Grundfest, Rock Center for Corporate Governance at Stanford University Working Paper, No. 71, January 2010
35. Investor Owned and Controlled Rating Agencies: A Summary Introduction
Joseph A. Grundfest, Rock Center for Corporate Governance at Stanford University Working Paper, No. 66, January 2010/Stanford Law and Economics Olin Working Paper No. 391
34. Interest Rate Risk in Credit Markets
Monika Piazzesi and Martin Schneider, January 2010
33. Information Percolation in Segmented Markets
Darrell Duffie, Semyon Malamud and Gustavo Manso, Working Paper, Graduate School of Business, Stanford University, January 2010
32. Policy Perspectives on OTC Derivatives Market Infrastructure
Darrell Duffie (with Ada Li and Theo Lubke), Staff Report Number 424, Federal Reserve Bank of New York, January, 2010.
31. Contractual Methods for Out-of-Court Restructuring of Systemically Important Financial Institutions
Darrell Duffie, Submission Requested by the U.S. Treasury Working Group on Bank Capital, PRELIMINARY DRAFT: November 9, 2009, Stanford University
30. The SEC's Proposed Proxy Access Rules: Politics, Economics, and the Law
Joseph A. Grundfest, 65 Business Lawyer 361, February 2010/ Rock Center for Corporate Governance at Stanford University Working Paper, No. 64, November 2009
29. Lessons from the Crisis   PowerPoint slides
Kenneth E. Scott, Stanford Law School, October 22, 2009
28. Global Private Information in International Equity Markets
Martin Schneider, Rui Albuquerque and Greg Bauer, Journal of Financial Economics, Vol. 94 (1), pp. 18-46, October 2009
27. Capital Mobility and Asset Pricing
Darrell Duffie and Bruno Strulovici, Stanford University, Working Paper, September 2009
26. How Should We Regulate Derivatives Markets
Darrell Duffie, Briefing Paper Number 5, The Pew Financial Reform Project, 2009
25. Should the G20 Reconsider the Decision to Treble IMF Recourses?
John B. Taylor, Prepared for the Atlantic Council/Carnegie Mellon University Report on Globalization for the G-20 Meeting in Pittsburgh, August 2009
24. Internal Contradictions in the SEC's Proposed Proxy Access Rules
Joseph A. Grundfest, Rock Center for Corporate Governance at Stanford University Working Paper, No. 60, July 2009
23. The Failure Mechanics of Dealer Banks
Darrell Duffie, June 22, 2009
22. Momentum traders in the housing market: survey evidence and a search model
Monika Piazzesi and Martin Schneider, NBER working paper 14669, American Economic Review P&P 99:2, 2009, pp. 406-411
21. The Lack of an Empirical Rationale for the Revival of Discretionary Fiscal Policy
John B. Taylor, American Economic Review, Papers and Proceedings, forthcoming May 2009
20. New Keynesian versus Old Keynesian Government Spending Multipliers
John F. Cogan, Tobias Cwik, John B. Taylor, and Volker Wieland, February 2009
19. Does a Central Clearing Counterparty Reduce Counterparty Risk?
Darrell Duffie and Haoxiang Zhu, February 2009
18. An Asian Monetary Fund in the Making?
John D. Ciorciari, Working Paper for the Stanford Center for International Development, January 2009
17. Globalization and Monetary Policy: Missions Impossible
John B. Taylor, in Mark Gertler and Jordi Gali, eds., The International Dimensions of Monetary Policy (University of Chicago Press for National Bureau of Economic Research, 2009)
16. The Need to Return to a Monetary Framework
John B. Taylor, January 2009
15. The Way Back to Stability and Growth in the Global Economy
John B. Taylor, Monetary and Economic Studies, December 2008
14. Inflation and the Price of Real Assets
Monika Piazzesi and Martin Schneider, November 2008
13. The Financial Crisis and the Policy Responses: An Empirical Analysis of What Went Wrong
John B. Taylor, November 2008
12. Responses to the Credit Crisis
Kenneth Scott, November 2008
11. Reinventing the Securities Disclosure Regime: Online Questionnaires as Substitutes for Form-Based Filings
Joseph Grundfest and Alan L. Beller, Stanford Law and Economics Olin Working Paper, No. 361, August 2008
10. Adjusting Government Policies for Age Inflation
John Shoven, August 2008
9. The Credit Crunch and Future Role of the Fed
John D. Ciorciari, Working Group paper, July 22, 2008
8. Competing for a Share of the Global Derivatives Market: Trends and Policy Choices for the United States
Darrell Duffie and Henry T.C. Hu, Working Paper, Graduate School of Business, Stanford University, 2008
7. Futures Prices as Risk-adjusted Forecasts of Monetary Policy
Monika Piazzesi and Eric Swanson, Journal of Monetary Economics 2008, 55, May issue, pp. 677–691
6. Further Results on a Black Swan in the Money Market
John B. Taylor and John C. Williams, Discussion paper for the Stanford Institute for Economic Policy Research, May 2008
5. The Role of Corporate Governance in Coping with Risks and Unknowns
Kenneth E. Scott, Stanford Law and Economics Olin Working Paper, No. 356 (April 2008)
4. A Black Swan in the Money Market
John B. Taylor and John C. Williams, Working paper for the Federal Reserve Bank of San Francisco, April 2008
3. Decomposing the Yield Curve
Monika Piazzesi and John Cochrane, March 2008
2. Fiscal Action Versus Monetary Stimulus? A Faulty Comparison
Volker Wieland, "Fiscal Action Versus Monetary Stimulus? A Faulty Comparison" SIEPR Policy Brief, Feb. 2008, No. 2
1. Housing and Monetary Policy
John B. Taylor, in Housing, Housing Finance, and Monetary Policy (Kansas City: Federal Reserve Bank of Kansas City, 2007)

SPEECHES AND TESTIMONY
After Unconventional Monetary Policy
Testimony before the Joint Economic Committee of Congress,
John B. Taylor, Testimony. March 26, 2014
Monetary Policy and the State of the Economy
Testimony before the Committee on Financial Services, U.S. House of Representatives,
John B. Taylor, Testimony. February 11, 2014
Too Big to Fail, Title II of the Dodd-Frank Act and Bankruptcy Reform
Testimony Before The Oversight and Investigations Subcommittee Committee on Financial Services U.S. House of Representatives
John B. Taylor, Testimony. May 15, 2013
Joint Economic Committee on the Fed at 100: Can Monetary Policy Close the Growth Gap and Promote a Sound Dollar?”
John B. Taylor, Testimony. April 18, 2013
Simple Rules for Financial Stability
John B. Taylor, Dinner Keynote Address at the FRB of Atlanta Financial Markets Conference “Maintaining Financial Stability: Holding a Tiger by the Tail”. April 9, 2013
Remarks on Monetary Policy Challenges
John B. Taylor, Bank of England Conference on “Challenges to Central Banks in the 21st Century”. March 26, 2013
Subcommittee on Monetary Policy and Trade Committee on Financial Services US House of Representatives
John B. Taylor, Testimony. March 5, 2013
US Congress Joint Economic Committee
Michael J. Boskin, Testimony. February 28, 2013
Overcoming Obstacles—New and Old—to Economic Growth and Opportunity
John B. Taylor, Remarks at Hoover Overseers Dinner in Washington, DC. February 24, 2013
Questions about Recent Monetary Policy
John B. Taylor, Presented at the Centennial Celebration of Milton Friedman and the Power of Ideas, University of Chicago. November 9, 2012
US House of Representatives’ Committee on the Judiciary
John B. Taylor, Testimony. September 20, 2012
Why We Still Need to Read Hayek
John B. Taylor, The Hayek Lecture, New York City. May 31, 2012
Improving the Federal Reserve System: Examining Legislation to Reform the Fed and Other Alternatives Testimony before the Subcommittee on Domestic Monetary Policy and Technology of the Committee on Financial Services US House of Representatives
John B. Taylor, Testimony. May 8, 2012
JEC Hearing: Monetary Policy Going Forward: Why a Sound Dollar Boosts Growth and Employment
John B. Taylor, Testimony. March 27, 2012
The Economic Club of New York
September 19, 2011
George Shultz at the Economic Club of New York (1:05:41)
Transcript of the event
The Need for a Comprehensive Economic Strategy,
John B. Taylor, Testimony before the Committee on Finance Subcommitee on Fiscal Responsibility and Economic Growth US Senate, September 13, 2011
John B. Taylor, Testimony Before the Committee on Finance Subcommittee on Fiscal Responsibility and Economic Growth, U.S. Senate
on C-SPAN, September 13, 2011
An Assessment of the President’s Proposal to Stimulate the Economy and Create Jobs,
John B. Taylor, Testimony Before the Committee on Oversight and Government Reform Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending US House of Representatives, September 13, 2011
Why a Credible Budget Strategy Will Reduce Unemployment and Increase Economic Growth
John B. Taylor, Testimony Before the Joint Economic Committee of the Congress of the US. June 21, 2011
Testimony to the Ways and Means Committee on the Effects of Spending and Deficits on Job Growth,
Edward P. Lazear, Testimony. March 31, 2011
Evaluating the TARP, Written Testimony for the Committee on Banking, Housing, and Urban Affairs, U.S. Senate,
John B. Taylor, Testimony. March 17, 2011
The 2009 Stimulus Package: Two Years Later, Testimony before the Committee on Oversight and Government Reform Subcommittee on Regulatory Affairs,
John B. Taylor, Testimony. February 16, 2011
Towards an Exit Strategy: Discretion or Rules?
John B. Taylor, Discorso Bruno Leoni 2011, Palazzo Clerici, Milano. February 7, 2011
Testimony before the Committee on Financial Services, U.S. House of Representatives
John B. Taylor, Testimony. January 26, 2011
Historical Evidence on the Benefits of Rules-Based Economic Policies
John B. Taylor, Address before the Joint Luncheon Session of the American Economics Association and the American Finance Association, Denver, Colorado. January 7, 2011
Swings in the Rules-Discretion Balance
John B. Taylor, Conference on the Occasion of the 40th Anniversary of Microeconomic Foundations of Employment and Inflation Theory, Columbia University. November 2010
Financial Crisis Inquiry Commission
John B. Taylor, Testimony. October 23, 2010
Testimony before the Committee on the Budget, United States Senate
John B. Taylor, Testimony. September 22, 2010
Testimony before the Committee on the Budget, U.S. House of Representatives
John B. Taylor, Testimony. July 1, 2010
The Financial Crisis: Causes and Lessons Learned
John B. Taylor, Prepared for Presentation at the Warsaw Macroeconomic Forum Warsaw, Poland. June 22, 2010
Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises, United States House of Representatives
Darrell Duffie, Testimony, April 29, 2010
Members of the Working Group on Economic Policy discuss the fraud charge against Goldman Sachs
Joseph A. Grundfest and Darrell Duffie. April 28, 2010
An Exit Rule for Monetary Policy, House FSC testimony in March
John B. Taylor, Testimony. March 25, 2010
Lessons from the Financial Crisis for Monetary Policy in Emerging Markets
John B. Taylor, L. K. Jha Memorial Lecture, Platinum Jubilee Celebration, Reserve Bank of India, Mumbai. February 24, 2010
Subcommittee on Commercial and Administrative Law, Committee on the Judiciary, United States House of Representatives
John B. Taylor, Testimony. October 22, 2009
Financial Crisis Inquiry Commission
John B. Taylor, Testimony. October 20, 2009
Regulatory Initiatives of the Securities and Exchange Commission
Marshall E. Blume and Kenneth E. Scott, Statement No. 276 of the Shadow Financial Regulatory Committee, September 14, 2009
Affidavit of Joseph A. Grundfest: Securities and Exchange Commission v. Bank of America
Joseph A. Grundfest, No. 09-CV-6829 in the United States District Court for the Southern District of New York, August 21, 2009
Empirically Evaluating Economic Policy in Real Time
John B. Taylor, Inaugural Martin Feldstein Lecture. July 10, 2009
Monetary Policy and Systemic Risk Regulation
John B. Taylor, Testimony before the House Financial Services Committee, July 9, 2009
Systemic Risk and the Role of Government
John B. Taylor, 13th Annual Forum, Federal Reserve Bank of Atlanta, May 12, 2009
Navigating Turbulent Waters: Central Banks and the Financial Crisis
Andrew Crockett, Memorial lecture honoring Sam-Chung Hsieh, Stanford University, May 7, 2009
Mortgage Delinquencies and Foreclosures
Kenneth E. Scott and Edward J. Kane, Statement No. 259 of the Shadow Financial Regulatory Committee, May 5, 2008
Monetary Policy and the Recent Extraordinary Measures Taken by the Federal Reserve
John B. Taylor, Testimony before the House Financial Services Committee, Feb. 26, 2009
The State of the Economy and Principles for Fiscal Stimulus
John B. Taylor, testimony before the U.S. Senate Budget Committee, Nov. 19, 2008
An Ounce of Prevention is Worth a Pound of Cure
George P. Shultz, Opening Address at the Stanford/Hoover Policy Workshop, July 22, 2008
Testimony on the Credit Crunch
Darrell Duffie, testimony before Senate Committee on Banking, Housing, and Urban Affairs, July 9, 2008
The Way Back to Stability and Growth in the World Economy
John B. Taylor, Mayekawa Lecture, Bank of Japan, May 28, 2008
Monetary Policy and the State of the Economy
John B. Taylor, testimony before the House Committee on Financial Services, U.S. House of Representatives, Feb. 26, 2008
The Costs and Benefits of Deviating from the Systematic Component of Monetary Policy
John B. Taylor, Address at the Federal Reserve Bank of San Francisco, Feb. 22, 2008

BOOKS

Bankruptcy Not Bailout: A Special Chapter 14
Kenneth Scott and John Taylor (Eds.), Hoover Institution Press, 2012.
Government Policies and the Delayed Economic Recovery
Lee E. Ohanian, John B. Taylor, Ian J. Wright, Hoover Institution Press, 2012.
Why Capitalism,
Allan Meltzer, Oxford University Press, February, 2012.
First Principles: Five Keys to Restoring America’s Prosperity,
John B. Taylor, W. W. Norton & Company, January, 2012.
Resolution of Failed Financial Institutions: Orderly Liquidation Authority and a New Chapter 14, Studies by the Resolution Project at Stanford University’s Hoover Institution Working Group on Economic Policy
By Thomas H. Jackson, Kenneth E. Scott, Kimberly Anne Summe, and John B. Taylor
The Squam Lake Report: Fixing the Financial System
Darrell Duffie, Princeton University Press, 2010.
Ending Government Bailouts As We Know Them
Kenneth Scott, George Shultz, John Taylor (Eds.), Hoover Institution Press, 2010.
How Big Banks Fail: and What to Do About It
Darrell Duffie, Princeton University Press, 2010.
The Road Ahead for the Fed
George Shultz, Allan Meltzer, Peter Fisher, Donald Kohn, James Hamilton, John Taylor, Myron Scholes, Darrell Duffie, Andrew Crockett, Michael Halloran, Richard Herring, and John Ciorciari, Hoover Institution Press, July 2009
Getting Off Track: How Government Actions and Interventions Caused, Prolonged, and Worsened the Financial Crisis
John B. Taylor, Hoover Institution Press, Feb. 2009
Putting Our House in Order: A Guide to Social Security and Health Care Reform
George P. Shultz and John B. Shoven (Norton, April 2008)