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Profile
PROFILE: JOHN TAYLOR
As a stately professor or as a wrinkled
California raisin, he likes to court disaster in the classroom
By Kathleen OToole
o Stanford undergraduates, John Taylor normally looks and sounds the
part of a former member of the President's Council of Economic Advisers
and a man with Alan Greenspan's ear. On the stage of Kresge Auditorium,
he stands high above the students, his broad shoulders fit precisely
into a tailored dark suit. His thick, gray-black hair behaves as if it
never met a wisp of wind, and his clear, rich voice booms explanations,
in proper English sentences, for the red, blue and green line graphs
projected on two screens behind him. But a few years from now, what
these students will remember is the morning their stately professor
morphed into a brown, wrinkled California raisin with six white stubs
for fingers.
"I woke up this way this morning," he mumbles to the class, his
misshapen hands fumbling to straighten his supply-demand curves on the
overhead projector. "But the lecture must go on."
And on it goes at its usual pace until Kresge suddenly is jolted by a
blast of bass guitar. The pudgy raisin on the stage, graph pointer still
in hand, begins to wiggle, bend and shuffle to Marvin Gaye's voice
blaring "Heard It Through the Grapevine." The lyrics miraculously
replace the supply-demand curves on the overhead. By the time the raisin
stumbles breathless, rumpled and sweaty through the last chorus, Kresge
is rocking like Mem Aud on "Flicks" night.
Taylor, the author of the famed Taylor Rule that Wall Streeters and now
even Main Streeters use to predict what the Fed will do about interest
rates, is considered conservative in his economic philosophy. But the
Mary and Robert Raymond Professor of Economics is willing to "court
disaster," he says, to persuade students that economics is interesting
and informative.
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