John Taylor

John B. Taylor, born December 8, 1946, has shaped modern monetary theory and economic policy through his roles as the George P. Shultz Senior Fellow at the Hoover Institution and Mary and Robert Raymond Professor of Economics at Stanford University. After earning his Ph.D. from Stanford in 1973 and teaching at Columbia and Princeton, he joined Stanford's faculty in 1984, where he continues to teach introductory economics and Ph.D. courses in monetary economics. His contributions include the influential Taylor Rule for setting interest rates and the staggered contract model for price and wage setting. His public service spans multiple administrations, serving as Under Secretary of the Treasury for International Affairs from 2001 to 2005, where he managed international finance and development policies. He has received numerous honors including the Bradley Prize, the Adam Smith Award, and the Alexander Hamilton Award for his Treasury leadership. Currently chairing the Hoover Working Group on Economic Policy and co-chairing the Technology, Economics and Governance Working Group, Taylor continues to influence economic policy through his research, teaching, and public service while directing Stanford's Introductory Economics Center