Lance Taylor

Involvement
Macroeconomic stabilization and adjustment in developing and transition economies; reconstruction of macroeconomic theory.

Lance Taylor received a B.S. degree with honors in mathematics from the California Institute of Technology in 1962 and a Ph.D. in Economics from Harvard University in 1968. He has been a professor in the economics departments of Harvard and the Massachusetts Institute of Technology, among other research institutions. He is currently the Arnhold Professor of International Cooperation at the New School for Social Research. He has published widely in the areas of macroeconomics, development economics, and economic theory. His most recent book is Maynard’s Revenge: The Collapse of Free Market Economics.

By this expert

Book Launch: Macroeconomic Inequality from Reagan to Trump

Article | Sep 10, 2020

This first book in the new INET and Cambridge University Press book series, Studies in New Economic Thinking, shows that wage repression—far more than monopoly power, offshoring, or technological change—has driven rising inequality.

Summary of the Book Macroeconomic Inequality From Reagan to Trump

Article | Sep 3, 2020

Wage Repression, Asset Price Inflation, and Structural Change Caused Rising Macroeconomic Inequality for Fifty Years from before Reagan through Trump.This is a summary of a new book that is being published as part of a new book series with Cambridge University Press.

Second Round: Final Reply to Smithers

Article | Aug 31, 2020

Lance Taylor provides a second and final response to Andrew Smithers’ criticism of his working paper on the role of the “Global Savings Glut”

Reply to Andrew Smithers

Article | Aug 24, 2020

Lance Taylor responds to Andrew Smithers’s comment on his INET working paper, “Germany and China Have Savings Gluts, the USA Is a Sump: So What?”

Featuring this expert

Research Webinar & Book Launch: Macroeconomic Inequality From Reagan to Trump

Event Webinar | Sep 18, 2020

A discussion with Lance Taylor and Özlem Ömer, authors of INET’s new book Macroeconomics Inequality from Reagan to Trump

America’s Dire Inequality Demands a New Conceptual Framework. This Economist Has One.

Article | Sep 10, 2020

In a new book from Cambridge University Press, Lance Taylor reveals that wage repression — far more than monopoly power, offshoring or technological change — is driving rising inequality.

Lance Taylor on Growth, Distribution, and the Future of Capitalism

Video | May 1, 2019

Lance Taylor, Emeritus Professor of Economics at The New School for Social Research, delivers the annual Heilbroner Memorial Lecture on the Future of Capitalism.

Vox Features INET Climate Research

News Dec 31, 2018

Vox features INET’s package of climate research