Goldman sachs in 2007 interesting timing to run the markets desk and became president of the new york fed in 2009. In that role he served as vice , chair of the open market committee, the policymaking committee of the event. John taylor is the Marion Robert professor of economic at stanford and many other things at stanford. Among other things he was a , member of the Council Economic advisers in the First Bush Administration and under secretary of treasury for International Affairs under the second Bush Administration. John taylor is known as being the creator of the taylor rule. Although i am told he did not put at the name on it, somebody else did. It is a simple rule of thumb that talks about how far inflation is how far the economy is from full employment. John developed the taylor rule in 1993 when Alan Greenspan was chairman of the fed. Alan greenspan was either incapable or unwilling to describe his approach to the rest of the world. What made john so amazing was he seemed to c