John B. Taylor
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John Brian Taylor is an American economist who is the Mary and Robert Raymond Professor of Economics at Stanford University, and the George P. Shultz Senior Fellow in Economics at Stanford University'
Macroeconomic theory has its origins in the study of business cycles and monetary theory. In general, early theorists believed monetary factors could not affect real factors such as real output. John
Top row: Fisher, Keynes, Modigliani Middle row: Solow, Friedman, Schwartz Bottom row: Sargent, Fischer, Prescott
Early monetary theorists Alfred Marshall, Arthur Cecil Pigou, and Keynes were based at University of Cambridge. Pigou and Keynes were associated with the constituent King's College (chapel shown above).
Keynes (right) with Harry Dexter White, assistant secretary of the U.S. Treasury, at a 1946 International Monetary Fund meeting
Much of new classical research was conducted at the University of Chicago.