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

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.

Janeway on Ramsey and Keynes: A Comment

Article | Oct 7, 2020

Lance Taylor responds to William Janeway’s essay on John Maynard Keynes and Frank Ramsey. Janeway then offers his response.

Final Response to Andrew Smithers

Article | Oct 5, 2020

Lance Taylor and Özlem Ömer respond to Andrew Smithers’s final comment on their working paper

Featuring this expert

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

The Intercept Features INET Climate Research

News Dec 5, 2018

The Intercept highlights INET research from Enno Schröder and Servaas Storm and Gregor Semieniuk, Lance Taylor, and Armon Rezai