Lance Taylor

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.

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Synthetic MMT: Old Line Keynesianism with an Expansionary Twist

Paper Working Paper Series | | Oct 2019

Policy hype but vintage fiscal economics from Godley, Lerner, and Keynes

Central Bankers, Inflation, and the Next Recession

Article | Sep 3, 2019

Summers and Stansbury Get It Half Right

Macroeconomic Stimulus à la MMT

Article | Apr 30, 2019

Modern Monetary Theory is problematic. Launching large scale fiscal programs that rely on it would be skating on thin ice.

A Reply to Michael Grubb’s Growth-Decarbonization Optimism from Semieniuk et al

Article | Dec 5, 2018

Hope for mitigating climate catastrophe may not be lost, but the scale of political change needed is no cause for optimism

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