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John  B. Taylor

John B. Taylor

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John B. Taylor, a former under-secretary of the US Treasury (2001-05), is Professor of Economics at Stanford University and a senior fellow at the Hoover Institution. He is the author of Global Financial Warriors and co-author (with George P. Shultz) of Choose Economic Freedom.

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  1. The Fed’s State of Exception
    taylor16_OLIVIER DOULIERYAFP via Getty Images_fed reserve flag OLIVIER DOULIERYAFP via Getty Images

    The Fed’s State of Exception

    Aug 12, 2021 John B. Taylor warns that the central bank’s deviation from monetary-policy rules can’t last indefinitely.

  2. Is the Fed Getting Burned Again?
    taylor15_Brooks KraftGetty Images_fed reserve Brooks Kraft/ Getty Images

    Is the Fed Getting Burned Again?

    Jun 25, 2021 John B. Taylor worries that monetary policymakers have forgotten the lessons of the 1970s and 1980s.

  3. The Stimulus Didn’t Work, Again
    taylor14_JJ GouinGetty Images_UScovidstimuluscheck JJ Gouin/Getty Images

    The Stimulus Didn’t Work, Again

    Jun 2, 2021 John B. Taylor shows that a year of economic impact payments had no meaningful impact on household consumption.

  4. America’s Excessive Government Spending Must Stop
    shultz2_Liu JieXinhua via Getty Images_federal reserve Liu Jie/Xinhua via Getty Images

    America’s Excessive Government Spending Must Stop

    Feb 23, 2021 George P. Shultz, et al. argue that US policymakers' fiscal recklessness is creating grave economic and national-security risks.

  5. The Stampede from Silicon Valley
    taylor13_Smith CollectionGadoGetty Images_zoom hq Smith Collection/Gado/Getty Images

    The Stampede from Silicon Valley

    Dec 28, 2020 John B. Taylor explains how California policymakers can reverse the growing stampede of tech firms out of the state.

  1. op_shafik2_ROBYN BECKAFP via Getty Images_USpoverty Robyn Beck/AFP via Getty Images

    World Order in a Time of Monsters

    Minouche Shafik

    A stable and cooperative global order cannot be built without first repairing broken national social contracts. While unequal and anxious countries become fertile ground for nationalism and selfishness, prosperous economies are more likely to foster generosity and support for international cooperation.

    highlights the critical importance of reinvigorating social contracts at the national level.
  2. rodrik231_Andrej IvanovGettyImages_us_canda_border Andrej Ivanov/Getty Images

    How Not to Respond to Trump’s Tariffs

    Dani Rodrik advises America’s trade partners not to embrace retaliation, because that would harm mainly themselves.
  3. landau5_Thierry MonasseGettyImages_eu_competitiveness_compass Thierry Monasse/Getty Images

    Europe Found Its Values and Lost Its Way

    Jean-Pierre Landau warns that the EU’s focus on high-level principles is undermining its economic dynamism and global influence.
  4. cferguson4_Patrick T. FallonGettyImages_jensen_huang Patrick T. Fallon/Getty Images

    The Crisis in Western AI Is Real

    Charles Ferguson

    Given the risks involved in the race for AI dominance, maintaining a strong lead within democratic advanced economies justifies a public-private strategic mobilization on the scale of the Manhattan Project. Yet the West is doing the opposite, largely owing to its own AI industry’s arrogance, shortsightedness, and greed.

    thinks the US industry bears a considerable share of the blame for China’s DeepSeek breakthrough.
  5. singer239_Andrew HarnikGetty Images_americafirst Andrew Harnik/Getty Images

    “America First” in Action

    Peter Singer assesses the damage Donald Trump has already done to long-term US interests since returning to the White House.
  6. varoufakis124_Luke SharrettGettyImages_palantir_demo Luke Sharrett/Getty Images

    Technofeudalism Is War’s Handmaiden

    Yanis Varoufakis explains how the rise of cloud capital is steering the world toward well-known strategic traps.
  7. buiter54_FABRICE COFFRINIAFP via Getty Images_swissnationalbank Fabrice Coffrini/AFP via Getty Images

    The Positive Case for Negative Rates

    Willem H. Buiter & Ebrahim Rahbari see the widely scorned monetary-policy tool as a necessary option in the absence of fiscal alternatives.
  8. ahzhang20_PETER CATTERALLAFP via Getty Images_deepseek Peter Catterall/AFP via Getty Images

    Will DeepSeek Upend US Tech Dominance?

    Angela Huyue Zhang says the firm’s disruption of the AI industry is about market – not great-power – competition.
  9. buruma222_Anna MoneymakerGettyImages_donald_trump_cross Anna Moneymaker/Getty Images

    Breaking US Democracy Beyond Repair

    Ian Buruma warns that Donald Trump’s efforts to tear down America’s “civic religion” will be difficult to reverse.

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