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

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

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.

Featuring this expert

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

Reawakening

From the Origins of Economic Ideas to the Challenges of Our Time

Event Plenary | Oct 21–23, 2017

INET gathered hundreds of new economic thinkers in Edinburgh to discuss the past, present, and future of the economics profession.

Are Economists in Denial About What's Driving the Inequality Trainwreck?

Article | Jan 27, 2016

Today’s richest Americans may soon blow past the tycoons of the Roaring Twenties. Lance Taylor explains why, and what to do about it.

Do Economists Understand the Economy?

Video | Dec 1, 2015

Lance Taylor explains how missing the big picture is too common in the field.