Monetary economics, the Taylor Rule, fiscal policy, and economic growth
The Capitalism and Freedom in the Twenty-First Century Podcast
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Introduction
John Taylor is the Mary and Robert Raymond Professor of Economics at Sanford University. He has also served in many positions in government, including as US Treasury Under Secretary of International Affairs during the George W. Bush Administration. Invented the Taylor Rule, which describes how central banks change interest rates in response to inflation and output gaps. Is consistently cited as a likely future winner of the Nobel Prize in Economics.
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