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

To Fight Climate Change, Save Energy and Reduce Inequality

Article | Feb 22, 2021

The IPCC was correct in emphasizing the need for early mitigation, but their analysis of possible growth trajectories appears to be faulty.

Mainstream Economists Have Been Using a Misleading Inflation Model for 60 Years

Article | Feb 8, 2021

Comment on Paul Krugman’s recent observations on US inflation

Inflation, Import Prices, and the Labor Share

Article | Jan 25, 2021

The Challenge to Bidenomics

Inflation? It’s Import Prices and the Labor Share!

Paper Working Paper Series | | Jan 2021

Recognizing that inflation of the value of output and its costs of production must be equal, we focus on a cost-based macroeconomic structuralist approach in contrast to micro-oriented monetarist analysis.

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