John Taylor
John B. Taylor is the Mary and Robert Raymond Professor of Economics at Stanford University and a George P. Shultz Senior Fellow in Economics at the Hoover Institution. He is one of the most influential economists of his generation and a leading authority in macroeconomics, monetary policy, and international economics. Professor Taylor is best known for developing the Taylor Rule, a foundational framework that guides central banks in setting interest rate policy based on inflation and economic output. The Taylor Rule has become a cornerstone of modern monetary policy analysis and is widely referenced by central banks, policymakers, and financial market professionals around the world. In addition to his seminal work on monetary policy rules, Taylor has made major contributions to the theoretical and empirical foundations of modern macroeconomic policy, with research that continues to shape global economic decision-making. Professor Taylor has also played a significant role in public service. He served as Under Secretary of the U.S. Treasury for International Affairs during the first term of the George W. Bush Administration and previously held appointments on the President’s Council of Economic Advisers under Presidents Gerald Ford and George H. W. Bush. Throughout his career, John Taylor has received numerous prestigious awards and honors recognizing his excellence in economic research, teaching, public service, and policymaking, cementing his legacy as a central figure in modern economic thought.
John Taylor Professional Experience / Academic History
Professional Experience
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George P. Shultz Senior Fellow in Economics
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Mary and Robert Raymond Professor of Economics
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Under Secretary for International Affairs
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Honorary Adviser
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Professor of Economics and Public Affairs
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Professor of Economics
Academic History
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Ph.D., Economics
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AB, Economics, Summa Cum Laude
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
GOVERNMENT CAREER
John B. Taylor has held several senior roles in U.S. economic policymaking, where he helped shape domestic and international financial policy across multiple administrations.
He served as Senior Economist on the President’s Council of Economic Advisers (CEA) from 1976 to 1977, and later as a Member of the Council of Economic Advisers from 1989 to 1991, advising the White House on macroeconomic policy, inflation, and economic growth.
Professor Taylor went on to serve as Under Secretary of the U.S. Treasury for International Affairs, where he was responsible for U.S. policy on international finance and global capital markets.
His portfolio included currency markets, international financial services trade, foreign investment policy, sovereign debt, economic development, and oversight of key multilateral institutions such as the International Monetary Fund (IMF) and the World Bank.
In this role, Taylor also led international economic coordination efforts, serving as the U.S. representative in financial policy discussions with the G7 nations, acting as Chair of the OECD Working Party on International Macroeconomics, and serving as a Board Member of the Overseas Private Investment Corporation (OPIC).
MEDIA PRESENCE & THOUGHT LEADERSHIP
Professor Taylor is a widely sought-after voice on monetary policy, interest rates, inflation, and global macroeconomics.
He has been featured in or quoted by leading global media outlets including Bloomberg, Financial Times, The Wall Street Journal, Politico, and CNBC.
His written commentary has appeared in prominent publications such as The Washington Post, Foreign Policy, Central Banking, Forbes, and Investor’s Business Daily, where he regularly addresses central banking policy, economic stability, and international financial trends.
In addition to print media, Taylor is a frequent guest on financial television, radio programs, podcasts, and digital platforms, and has authored hundreds of articles and op-eds analyzing macroeconomic policy and monetary frameworks.
He has also appeared as a guest on Real Vision, contributing expert insight for professional investors and policymakers.
HONORS & RECOGNITIONS
2018 Liberální Institut Award, Prague, Czech Republic
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