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.
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Policy hype but vintage fiscal economics from Godley, Lerner, and Keynes
Summers and Stansbury Get It Half Right
Modern Monetary Theory is problematic. Launching large scale fiscal programs that rely on it would be skating on thin ice.
Hope for mitigating climate catastrophe may not be lost, but the scale of political change needed is no cause for optimism