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John  B. Taylor

John B. Taylor

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John B. Taylor, a former under-secretary of the US Treasury (2001-05), is Professor of Economics at Stanford University and a senior fellow at the Hoover Institution. He is the author of Global Financial Warriors and co-author (with George P. Shultz) of Choose Economic Freedom.

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  1. The Fed’s State of Exception
    taylor16_OLIVIER DOULIERYAFP via Getty Images_fed reserve flag OLIVIER DOULIERYAFP via Getty Images

    The Fed’s State of Exception

    Aug 12, 2021 John B. Taylor warns that the central bank’s deviation from monetary-policy rules can’t last indefinitely.

  2. Is the Fed Getting Burned Again?
    taylor15_Brooks KraftGetty Images_fed reserve Brooks Kraft/ Getty Images

    Is the Fed Getting Burned Again?

    Jun 25, 2021 John B. Taylor worries that monetary policymakers have forgotten the lessons of the 1970s and 1980s.

  3. The Stimulus Didn’t Work, Again
    taylor14_JJ GouinGetty Images_UScovidstimuluscheck JJ Gouin/Getty Images

    The Stimulus Didn’t Work, Again

    Jun 2, 2021 John B. Taylor shows that a year of economic impact payments had no meaningful impact on household consumption.

  4. America’s Excessive Government Spending Must Stop
    shultz2_Liu JieXinhua via Getty Images_federal reserve Liu Jie/Xinhua via Getty Images

    America’s Excessive Government Spending Must Stop

    Feb 23, 2021 George P. Shultz, et al. argue that US policymakers' fiscal recklessness is creating grave economic and national-security risks.

  5. The Stampede from Silicon Valley
    taylor13_Smith CollectionGadoGetty Images_zoom hq Smith Collection/Gado/Getty Images

    The Stampede from Silicon Valley

    Dec 28, 2020 John B. Taylor explains how California policymakers can reverse the growing stampede of tech firms out of the state.

  1. manlan17_bgblueGetty Images_phoneheart bgblue/Getty Images

    Fintech Must Embrace Universal Inclusion

    Carl Manlan & Adanna Chukwuma point out that developing financial products for people with disabilities is a major economic opportunity.
  2. krueger82_Ishara S. KodikaraGettyImages_sri_lanka_debt_crisis Ishara S. Kodikara/Getty Images

    The Urgency of Global Debt Reform

    Anne O. Krueger highlights the need for an international framework that prevents prolonged restructuring negotiations.
  3. rajan96_Pallava BaglaCorbis via Getty Images_indiaengineer Pallava Bagla/Corbis via Getty Images

    Economic Development in a Protectionist World

    Raghuram G. Rajan thinks poorer countries should be exploring new growth models, regardless of whether a new trade war erupts.
  4. anelson2_Jam Sta RosaGettyImages_alice_guo_poster Jam Sta Rosa/Getty Images

    China Takes Aim at Philippine Democracy

    Adam Nelson & May Butoy urge the US and its regional allies to focus on helping policymakers address five key vulnerabilities.
  5. johnson182_MANDEL NGANAFP via Getty Images_trump Mandel Ngan/AFP via Getty Images

    The Economic Consequences of Trump 2.0

    Simon Johnson explains why reality is unlikely to come close to matching the US president-elect's rhetoric.
  6. cferguson3_Getty Images Getty Images

    Our AI Near-Future

    Charles Ferguson

    Although AI has great potential to bring exciting changes to education, art, medicine, robotics, and other fields, it also poses major risks, most of which are not being addressed. Judging by the response so far from political and other institutions, we can safely expect many years of instability.

    offers a brief roadmap of how the technology will evolve and be deployed over the next few years.
  7. tharoor198_AnadoluGettyImages_kash_patel_maga Anadolu/Getty Images

    The Indians Dividing MAGA

    Shashi Tharoor shows how one immigrant group became central to the “civil war” within Donald Trump’s base.
  8. james225_AnadoluGettyImages_un_security_countil_meeting Anadolu/Getty Images

    Shock Therapy for Multilateralism

    Harold James considers what another Donald Trump presidency will, and will not, mean for global cooperation.
  9. rogoff257_Drew AngererGetty Images_trumppowell Drew Angerer/Getty Images

    Will Trump Fire the Fed?

    Kenneth Rogoff

    Despite Donald Trump’s assurances that he will not seek to remove Federal Reserve Chair Jerome Powell, there is little doubt that the US president-elect aims to gain greater influence over the Fed’s decision-making. Such interference could drive up long-term interest rates, damaging the American economy.

    worries about the incoming US administration’s plans to weaken the central bank’s independence.

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