1st Edition
A Macroeconomic Regime for the 21st Century Towards a New Economic Order
Biography
Christopher Taylor is a Visiting Fellow at the National Institute of Economic and Social Research, London. He worked as an economist at the Bank of England for 20 years until 1994, including a secondment as UK Alternate Executive Director at the International Monetary Fund, Washington DC, 1981-3. Since 2008 he has been a lecturer and tutor for the MBA elective course on International Macroeconomics at the Judge Business School, Cambridge, where he is an Honorary Fellow.
At last a book that recognises that different policy mixes are appropriate for different circumstances. Christopher Taylor’s illuminating book presents macroeconomics as policy choices, rather than a menu of economic models. This gives his analysis a vitality largely lacking in more academic textbooks. No other book explains the complex macroeconomic policy choices faced by governments after the recent financial crisis in such a direct and accessible way.
Dr. Jan Toporowski, SOAS, UK
The book provides both a valuable outline of the evolution of macroeconomic policy and a discussion of potential policy options for the future. This is a timely book, given the failure of contemporary economic orthodoxy to anticipate and prevent a financial crisis and global recession. Consequently, it can make a useful contribution to the debate on understanding past mistakes and how economic policy should evolve to meet the needs of the future.
Prof. Philip Whyman, University of Central Lancashire, UK
