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Economics Expert John Taylor Speaks on International Finance  

 

The School of Public Policy presents John B. Taylor, the Mary and Robert Raymond Professor of Economics at Stanford University, in a lecture titled 'The Untold Story of International Finance in a Post 9/11 World' on Tuesday, Feb. 12. Taylor is the Bowen H. and Janice Arthur McCoy Senior Fellow at the Hoover Institution and former Under Secretary of International Affairs for the United States Treasury. The event will take place on Pepperdine University's Drescher Graduate Campus with a reception at 4:15 p.m. in room LC 155, and the lecture beginning at 5 p.m. in room LC159.

The financial front of the war on terror is one of the least reported on and yet one of the most important aspects of the post-9/11 fight against terrorists. From his vantage point as head of the international division at Treasury for four years, Taylor provides an intimate look into the years that followed 9/11, depicting the White House situation room, the meetings of the G7 finance ministers, and cities around the world in a tour of crises and successes. His story is a testament to the determination of global financial leaders during the war on terror.

"John Taylor is one of the top macroeconomists in the world-indeed, economists all know the 'Taylor Rule' of monetary policy," said Distinguished Professor of Public Policy David Davenport. "His 'war stories' from running U.S. financial policy in Iraq, Afghanistan, and around the world are quite extraordinary and one of the acknowledged successes of the war on terror."

Taylor formerly served as director of the Stanford Institute for Economic Policy Research, where he is now a senior fellow, and he was founding director of Stanford's Introductory Economics Center. Taylor's academic expertise includes macroeconomics, monetary economics, and international economics. He is known for his research on the foundations of modern monetary theory and policy, which has been applied by central banks and financial market analysts around the world. He is currently a member of the California Governor's Council of Economic Advisors.

As the Under Secretary of Treasury for International Affairs from 2001 to 2005, Taylor was responsible for U.S. policies in international finance, which includes currency markets, trade in financial services, foreign investment, international debt and development, and oversight of the International Monetary Fund and the World Bank. His book, Global Financial Warriors: the Untold Story of International Finance in the Post-9/11 World, chronicles his years as head of the international division at the Treasury.

He was awarded the Alexander Hamilton Award for his overall leadership in international finance at the U.S. Treasury. He was also awarded the Treasury Distinguished Service Award for designing and implementing the currency reforms in Iraq and the Medal of the Republic of Uruguay for his work in resolving the 2002 financial crisis.

For more information, please contact the School of Public Policy at (310)506-7490.