John B. Taylor

George P. Shultz Senior Fellow in Economics
Awards and Honors:
American Academy of Arts and Sciences
Econometric Society (elected fellow)
Economics Distinguished Faculty Teaching Award
(2015)
Biography: 

John B. Taylor is the George P. Shultz Senior Fellow in Economics at the Hoover Institution and the Mary and Robert Raymond Professor of Economics at Stanford University. He chairs the Hoover Working Group on Economic Policy and is director of Stanford’s Introductory Economics Center.

Taylor's fields of expertise are monetary policy, fiscal policy, and international economics. His book Getting Off Track was one of the first on the financial crisis; his latest book, First Principles, for which he received the 2012 Hayek Prize, develops an economic plan to restore America’s prosperity.

Taylor served as senior economist on President Ford's and President Carter’s Council of Economic Advisers, as a member of President George H. W. Bush's Council of Economic Advisers, and as a senior economic adviser to Bob Dole’s presidential campaign, to George W. Bush’s presidential campaign in 2000, and to John McCain’s presidential campaign. He was a member of the Congressional Budget Office's Panel of Economic Advisers from 1995 to 2001. From 2001 to 2005, Taylor served as undersecretary of the Treasury for international affairs where he was responsible for currency markets, international development, for oversight of the International Monetary Fund and the World Bank, and for coordinating policy with the G-7 and G-20.

Taylor received the Bradley Prize from the Bradley Foundation and the Adam Smith Award as well as the Adolph G. Abramson Award from the National Association for Business Economics. He was awarded the Alexander Hamilton Award for his overall leadership at the US Treasury, the Treasury Distinguished Service Award for designing and implementing the currency reforms in Iraq, and the Medal of the Republic of Uruguay for his work in resolving the 2002 financial crisis. At Stanford he was awarded the George P. Shultz Distinguished Public Service Award, as well as the Hoagland Prize and the Rhodes Prize for excellence in undergraduate teaching. He is a fellow of the American Academy of Arts and Sciences and the Econometric Society; he formerly served as vice president of the American Economic Association.

Taylor received the 2016 Adam Smith Award from the Association of Private Enterprise Education and the 2015 Truman Medal for Economic Policy for extraordinary contribution to the formation and conduct of economic policy.

Taylor formerly held positions as professor of economics at Princeton University and Columbia University. Taylor received a BA in economics summa cum laude from Princeton University in 1968 and a PhD in economics from Stanford University in 1973.

Filter By:

Topic

Type

Recent Commentary

Washington Consensus Versus Beijing Consensus on Economic Policy

by John B. Taylorvia Advancing a Free Society
Thursday, August 19, 2010

Does China’s remarkable economic growth, its stability during the recent financial crisis, and its immense foreign aid/investment in Africa raise doubts about free market policies and provide evidence in favor of a more interventionist approach?

Analysis and Commentary

Washington Consensus Versus Beijing Consensus on Economic Policy

by John B. Taylorvia Economics One
Thursday, August 19, 2010

Does China’s remarkable economic growth, its stability during the recent financial crisis, and its immense foreign aid/investment in Africa raise doubts about free market policies and provide evidence in favor of a more interventionist approach...?

Where Are We Now, Three Years After the Onset of the Crisis?

by John B. Taylorvia Advancing a Free Society
Thursday, August 12, 2010

This week marks the third anniversary of the flare up of the financial crisis in August 2007.

Analysis and Commentary

Where Are We Now, Three Years After the Onset of the Crsis?

by John B. Taylorvia Economics One
Thursday, August 12, 2010

This week marks the third anniversary of the flare up of the financial crisis in August 2007...We are now going into the fourth year of “crisis-recession-fizzled recovery” and for several reasons the outlook is bleak unless policy is changed as I had the chance to explain...

The Ryan Roadmap versus the Road to Ruin

by John B. Taylorvia Advancing a Free Society
Sunday, August 8, 2010

Congressman Paul Ryan’s Roadmap has suddenly become the focal point for debating how America should get its economic house in order. Fred Barnes of the Weekly Standard says to embrace it.

Analysis and Commentary

The Ryan Roadmap versus the Road to Ruin

by John B. Taylorvia Economics One
Sunday, August 8, 2010

Congressman Paul Ryan’s Roadmap has suddenly become the focal point for debating how America should get its economic house in order. Fred Barnes of the Weekly Standard says to embrace it. Paul Krugman of the New York Times says to reject it...

Is Stimulus Really Hurting Jobs?

by John B. Taylorvia Advancing a Free Society
Tuesday, August 3, 2010

Here are John Taylor and Greg Valliere on CNBC discussing whether stimulus spending is hurting job growth:

John Taylor on stimulus

by John B. Taylorvia Advancing a Free Society
Monday, August 2, 2010

John Taylor debates Mark Zandi and Alan Blinder about the effectiveness of the stimulus in this Bloomberg article:

TV Fiscal Stimulus Debate Reveals Some Agreement

by John B. Taylorvia Advancing a Free Society
Friday, July 30, 2010

PBS Newshour hosted a live TV debate between Mark Zandi and me yesterday on the question of whether government interventions helped or hurt the economy.

Taylor debates Zandi on stimulus

by John B. Taylorvia Advancing a Free Society
Thursday, July 29, 2010

In this PBS interview, John Taylor and Mark Zandi discuss Zandi’s study of the 2009 fiscal stimulus law.

Pages