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

Race to the Bottom: Low Productivity, Market Power, and Lagging Wages

Paper Working Paper Series | | Aug 2018

“Dualism” in the structure of production across sectors of the US economy, employment by sector, productivity levels and growth, real wages, and intersectoral terms-of trade increased markedly between 1990 and 2016.

The Real Driver of Rising Inequality

Article | May 1, 2018

Wage suppression—not monopoly power—is fueling corporate profits and the growing gap between rich and poor

Where Do Profits and Jobs Come From? Employment and Distribution in the US Economy

Paper Working Paper Series | | May 2018

“Meso” level analysis of 16 producing sectors sheds light on broad forces shaping growth of employment and profits. 

Why Stopping Tax “Reform” Won’t Stop Inequality

Article | Dec 15, 2017

Inequality isn’t driven by taxes—it’s driven by the power of capital in relation to workers

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