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

Veiled Repression: Mainstream Economics, Capital Theory, and the Distributions of Income and Wealth

Paper Working Paper Series | | Dec 2015

The Cambridge UK vs USA capital theory debates of the 1960s showed that the workhorse mainstream growth model relies on unsustainable assumptions. Its standard interpretation is not consistent with the last four decades of data.

Wealth Concentration, Income Distribution, and Alternatives for the USA

Paper Working Paper Series | | Sep 2015

US household wealth concentration is not likely to decline in response to fiscal interventions alone.

Drooping Green Shoots

Article | Mar 5, 2015

The Triumph of the Rentier?

Paper Commentary | | May 2014

Thomas Piketty vs. Luigi Pasinetti and John Maynard Keynes

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