Lance Taylor (economist)

Lance J. Taylor
Born(1940-05-25)May 25, 1940
Montpelier, Idaho, US
Died(2022-08-15)August 15, 2022
Washington, Maine, US
Academic career
Doctoral
advisor
Hollis B. Chenery
Simon Kuznets
Doctoral
students
William Easterly[1]

Lance Jerome Taylor (May 25, 1940 to August 15, 2022) was an American economist who was known for his contributions to structuralist macroeconomics.[2] He was the Arnhold Professor of International Cooperation and Development and director of the Center for Economic Policy Analysis at the New School for Social Research.

As a professor, he taught students who come in with "a critical attitude about economics," aiming to encourage that "progressive perspective" while providing them "the standard technical tools of economics."[3] According to Taylor, structuralist economics sought to understand the macroeconomy through “its major institutions and distributive relationships across productive sectors and social groups."[4]

He was a visiting scholar or policy advisor in over 25 countries, including Chile, Brazil, Mexico, Nicaragua, Cuba, Russia, Egypt, Tanzania, Zimbabwe, South Africa, Pakistan, India, and Thailand.[5]

He taught and worked at the New School for Social Research since 1993.[6][7] Taylor was previously associate professor of economics at Harvard and Professor of Economics at MIT, year-long visiting professorships at U. Minnesota, Univesidade de Brasilia, Delhi School of Economics, and Stockholm School of Economics. He received a B.S. degree with honors in mathematics from the California Institute of Technology in 1962 and, after study at Lund University (Sweden) and a Fulbright Fellowship in mathematics and economics, he received a Ph.D. in economics from Harvard University in 1968.[8][9]

  1. ^ A computable general equilibrium model of Mexico with portfolio balances : with application to devaluation.
  2. ^ Storm, Servaas (2023). "Lance Taylor (1940–2022): Reconstructing Macroeconomics". Development and Change. doi:10.1111/dech.12777. ISSN 0012-155X.
  3. ^ Lance Taylor < Profiles Economics | The New School for Social Research Archived 2014-12-22 at the Wayback Machine
  4. ^ Reconstructing Macroeconomics — Lance Taylor | Harvard University Press
  5. ^ Lance Taylor (Policy Innovations)
  6. ^ New School for Social Research: Lance Taylor Archived 2014-12-22 at the Wayback Machine
  7. ^ Dutt, Amitava Krishna, and Jaime Ros, eds. (2003) Development economics and structuralist macroeconomics: essays in honor of Lance Taylor. Edward Elgar Publishing
  8. ^ Lance Taylor | The Institute for New Economics Thinking Archived 2015-03-15 at the Wayback Machine
  9. ^ New School for Social Research: Lance Taylor Archived 2014-12-22 at the Wayback Machine

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