Hoover fellow John B. Taylor is perhaps best known for formulating an equation on setting interest rates that has become known as the Taylor rule, but the economist has also been recognized throughout his career for his contributions to teaching, research, and public service, in addition to policy making.
On Monday, May 3, the Lynde and Harry Bradley Foundation announced that it was awarding one of its four 2010 Bradley Prizes to Taylor, the George P. Shultz Senior Fellow in Economics at the Hoover Institution and Mary and Robert Raymond Professor of Economics at Stanford University. The Bradley Prizes, awarded annually, are given to prominent scholars and engaged citizens for outstanding achievement. "These accomplished and respected individuals are being recognized for achievements that are consistent with the mission statement of the Foundation, including the promotion of liberal democracy, democratic capitalism, and a vigorous defense of American institutions," said Michael W. Grebe, president and chief executive officer of the Bradley Foundation.
For more on Taylor and the Bradley Prize, see http://www.hoover.org/news/28782