People

John Taylor

John Taylor

Formal First Name
John
Dates
1946 - present

John Taylor is the Mary and Robert Raymond Professor of Economics at Stanford University and the George P. Shultz Senior Fellow in Economics at The Hoover Institution. Professor Taylor is a towering figure in the fields of macroeconomics, monetary policy and international economics. He is the well-known economist recognized for creating "The Taylor Rule" which provides a guide to central banks on how to determine interest rates. He is also known for his research on the foundations of modern monetary theory and policy, which has been applied by central banks and financial market analysts around the world. Previously, he served as the Under Secretary of the Treasury for International Affairs during the first term of the Bush Administration. He was also a member of the President's Council of Economic Advisers during the Ford and George H. W. Bush administrations. Professor Taylor is the recipient of a number of prestigious professional awards for excellence in research, teaching, public service, and policy making.

Professional Experience


Academic History

CURRENT AFFILIATIONS

  • Mary and Robert Raymond Professor of Economics, Stanford University

  • George P. Shultz Senior Fellow in Economics, Hoover Institution

  • Member, Fellows Advisory Council, Hoover Institution

  • Chair, Economic Policy Working Group, Hoover Institution

  • Co–Chair, Technology, Economics and Governance Working Group

  • Senior Fellow, Stanford Center for International Development

  • Speaker, Leigh Bureau

  • Advisory Board Chair, Federal Reserve Bank of Dallas

  • Member, Smith Richardson Foundation Grants Advisory Committee

  • Member, Council on Foreign Relations

  • Research Associate, National Bureau of Economic Research


GOVERNMENT CAREER

  • Professor Taylor served as senior economist on the President’s Council of Economic Advisers from 1976 to 1977, as a member of the President’s Council of Economic Advisers from 1989 to 1991. 

  • He served as Under Secretary of Treasury for International Affairs, where he was responsible for U.S. policies in international finance, which includes currency markets, trade in financial services, foreign investment, international debt and development, and oversight of the International Monetary Fund and the World Bank. 

  • He was also responsible for coordinating financial policy with the G-7 countries, was Chair of the Working Party on International Macroeconomics at the OECD, and was a member of the Board of the Overseas Private Investment Corporation.


RECOGNITIONS

  • 2018 Liberální Institut Award, Prague, Czech Republic

  • 2016 Central Banking Award for Economics

  • 2015 Truman Medal for Economic Policy

  • 2015 Bloomberg Markets 50 Most Influential

  • 2012 Hayek Prize, Manhattan Institute for Policy Research

  • 2010 Bradley Prize for contributions to research and policy

  • 2007 Adam Smith Award, National Association for Business Economics

  • 2005 George P. Shultz Public Service Award, Stanford University

  • 2005 Alexander Hamilton Award, United States Treasury

  • 2004 Distinguished Service Award, United States Treasury


MEDIA & PUBLICATIONS

  • Professor Taylor has been featured or quoted in Bloomberg, Politico, Financial Times, the Wall Street Journal, CNBC, and more.

  • His articles have appeared in publications such as the Washington Post, Central Banking, Foreign Policy, Forbes, and Investor's Business Daily.

  • He is a frequent guest on financial television, radio, and podcasts and has penned hundreds of articles and op-eds around macroeconomics and monetary policy

  • He has appeared as a guest on Real Vision.