CFALA’s 78th Annual Meeting of the Members
Wednesday, June 10, 2009
6:00 – 7:00 pm, Reception
7:00 – 10:00 pm, Dinner

John B. Taylor
Professor of Economics at Stanford


 At CFALA’s 78th Annual Dinner on June 10th, 2009, Dr John B. Taylor of the Taylor Rule, will share his insights with us and discuss his latest book. In living rooms the world over, people have been asking “how on earth did we get into the mess that we are in today?” Was it subprime mortgages? Was it Wall Street? Was it the consumer? Was it globalization? Monetary policy? Fiscal policy? Capitalism? The Republicans? The Democrats? The suspects are legion. In Getting Off Track: How Government Actions and Interventions Caused, Prolonged, and Worsened the Financial Crisis, Hoover fellow and Stanford economist John B. Taylor offers empirical research to explain what caused the current financial crisis, what prolonged it, and what worsened it dramatically more than a year after it began. 

John B. Taylor is the Mary and Robert Raymond Professor of Economics at Stanford
University and the Bowen H. and Janice Arthur McCoy Senior Fellow at the Hoover
Institution. He formerly served as the 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 fields of expertise are 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 has an active interest in public policy. Taylor is
currently a member of the California Governor's Council of Economic Advisors, where
he also previously served from 1996 to 1998. In the past, he served as senior economist
on the President's Council of Economic Advisers from 1976 to 1977, as a member of the
President's Council of Economic Advisers from 1989 to 1991. He was also a member of
the Congressional Budget Office's Panel of Economic Advisers from 1995 to 2001.
For four years from 2001 to 2005, Taylor served as Under Secretary of Treasury for
International Affairs where he 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. He was also responsible for coordinating financial policy with the
G-7 countries, was chair of the working party on international macroeconomics at the
OECD, and was a member of the Board of the Overseas Private Investment Corporation.
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 Treasury.
Taylor 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. In 2005, he was awarded the George P. Shultz Distinguished Public
Service Award. Taylor has also won many teaching awards; he was awarded the
Hoagland Prize for excellence in undergraduate teaching and the Rhodes Prize for his
high teaching ratings in Stanford's Introductory Economics Course. He also received a
Guggenheim Fellowship for his research, and he is a fellow of the American Academy of
Arts and Sciences and the Econometric Society; he formerly served as vice president of
the American Economic Association.
Before joining the Stanford faculty in 1984, Taylor held positions as Professor of Economics at Princeton University and Columbia University. Taylor received a B.A. in
Economics summa cum laude from Princeton University in 1968 and a Ph.D. in Economics from Stanford University in 1973.


 First Course

Arugula and Goat Cheese, Golden Raisin Vinaigrette
Entree (choice of)

Potato Gnocchi, baby Carrots, Braised Artichokes, Lemon Jus
Dumplings and Braised Onions, Medley of Grilled Vegetables, Pan Jus
Organic Spinach and Madeira
Dessert (duet)

Caramel and Peanuts, "Dark" Milk Chocolate
Lime Espuma and Rum, Mint Essence
(please select entree during the registration process)
Members: Free
Non-members: $75.00
Time: 6:00 – 7:00 pm, Reception
           7:00 – 10:00 pm, Dinner
Location: Montage Beverly Hills
225 North Canon Drive
Beverly Hills, CA 90210
(310) 860-7800
Self Parking: $5.00
Payment Information:
Payment m
ethods accepted:  Visa/Mastercard, American Express and Discover. If you prefer to pay by check please register online and select "purchase order" as your payment option and enter your last name as the purchase order number. Mail check to: CFA Society of Los Angeles, 350 S. Grand Ave, Suite 1680, Los Angeles CA 90071.
Credit card payments will not  be accepted, nor should be given, by phone or email.

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