Author Archives: John Taylor
Rules Are Back In The Fed’s Monetary Policy Report
The Federal Reserve’s latest Monetary Policy Report just released on February 19, 2021 has a whole section on monetary policy rules. That policy rules are back in the Report is a very welcome development. It re-initiates a helpful reporting approach … Continue reading
Posted in Uncategorized
Leave a comment
Watch, Listen, and Enjoy a Film About Thomas Sowell
The new one-hour program “Thomas Sowell: Common Sense in a Senseless World,” is a must watch. Beautifully narrated by Jason Riley of the Wall Street Journal, it tells the amazing life story of Thomas Sowell, born in 1930 in North … Continue reading
Posted in Uncategorized
Leave a comment
Ideas and Actions for a Free Society: Still Relevant After a Year
Exactly one year ago, on January 15-17, 2020, a special meeting of the Mont Pelerin Society was held at the Hoover Institution at Stanford University. The Mont Pelerin Society was founded in 1947 for the “preservation and improvement of the … Continue reading
Posted in Uncategorized
Leave a comment
Electronic-Commerce, Non-Store Sales and the Pandemic
Last week at the American Economic Association meetings, held online, many papers focused on Covid-19. A good example was the session organized by Dominick Salvatore which included Jan Eberly, Raghu Rajan, Carmen Reinhart, Joe Stiglitz, Larry Summers, and me. Most … Continue reading
Stampede Out, Stampede In
Today I published an article in Project Syndicate called “The Stampede from Silicon Valley.” The fact-based message of the article is clear: Tax, regulatory, and other economic burdens that firms face in California are creating a stampede to other parts … Continue reading
Posted in Uncategorized
Leave a comment
The Best Part of the Coronavirus Relief Bill
As the Wall Street Journal reported and I tweeted yesterday, Senators Chuck Schumer and Patrick Toomey made important news when they agreed that with the new Coronavirus relief legislation, “the $429 billion would be revoked and the Fed wouldn’t be … Continue reading
Posted in Budget & Debt
Leave a comment
Happy 100th Birthday to George Shultz
Today is George Shultz’s 100th birthday. There were so many wonderful celebrations and tributes, and many more to come. My family—Allyn, John, Jennifer, Josh, Olivia, Andrew, Jack, and I—walked over to his house and sang Happy Birthday as loud as … Continue reading
Posted in Uncategorized
Leave a comment
Economic Policy and Foreign Policy Go Together
I gave the Peter G. Peterson Distinguished Lecture on “National Security and Fiscal Policy” at the Foreign Policy Association (FPA) in New York last week. Henry Fernandez gave a kind introduction and Tom Michaud moderated with great points. And thanks … Continue reading
Posted in Uncategorized
Leave a comment
The Importance of Economic Policy in the 2020 Election
The following article by John Cogan and me responds to commentary on our Wall Street Journal article and emphasizes the importance of economic policy. The Importance of Economic Policy in the 2020 Election John F. Cogan and John B. Taylor … Continue reading
Posted in Uncategorized
Leave a comment
Economics 1 Again, But So Different
We just finished the second week of Economics 1, Stanford’s introductory economics course, and the namesake of this blog and my twitter account. So far it has been fun, and for the same reasons that I mentioned years ago when … Continue reading
Posted in Uncategorized
Leave a comment
