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John B. Taylor
Mary and Robert Raymond Professor of Economics and the Bowen H. and
Janice Arthur McCoy Senior Fellow at the Hoover Institution, Stanford
University
John B. Taylor is the Mary and Robert Raymond Professor of Economics at
Stanford University. He formerly served as the Director of the Stanford Institute
for Economic Policy Research where he is currently a Senior Fellow. He is also
the Bowen H. and Janice Arthur McCoy Senior Fellow at the Hoover Institution.
Taylor's fields of expertise are monetary policy, fiscal policy, and international
economics.
Taylor has an active interest in public policy. He 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
economic adviser to the Bob Dole, George W. Bush, and John S. McCain
presidential campaigns. For four years from 2001 to 2005, Taylor served as Under
Secretary of Treasury for International Affairs where he was responsible for U.S.
policies in international finance, including currency markets, trade in financial
services, foreign investment, international debt and development, and oversight of
the International Monetary Fund and the World Bank.
His 2007 book Global Financial Warriors: The Untold Story of International
Finance in the Post 9/11 World is his personal story of applying economic theory
in practice. His new book Getting Off Track: How Government Actions and
Interventions Caused, Prolonged, and Worsened the Financial Crisis, is an
empirical analysis of the recent financial crisis. He also recently coedited the book
The Road Ahead for the Fed in which twelve leading experts, including him,
examine and debate proposals for financial reform and exit strategies from the
financial crisis.
He served as a Member of the Board of the Overseas Private Investment
Corporation and is currently on the Board of Dodge and Cox Funds.
Before joining the Stanford faculty in 1984, he held positions as professor of
economics at Princeton University and Columbia University. Taylor received a
B.A. in economics summa cum laude from Princeton University in 1968 and a
Ph.D. in economics from Stanford University in 1973.