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Taylor's star student.

John Taylor taught economics to a lot of promising students at Stanford University, but none may have profited more than golf sensation Tiger Woods.

Taylor, now Undersecretary of the Treasury for International Affairs, taught an introductory economics course that just about every student attending the university takes. "I always joke about [Woods] being my best student," Taylor tells TIE. "I never talk about any grades of a student, but this student took Econ 1 in the fall [of 1995], and in the spring [of 1996], he took opportunity cost to heart, dropped out of Stanford, and joined the pro tour."

Woods, who was 20 at the time, and had just completed his sophomore year, went on to become a multi-millionaire between his professional tour winnings and his product endorsements. "So" Taylor observes, "he made a good decision." That's an understatement.

Interestingly, one of the few students who didn't take Taylor's course: former First Daughter Chelsea Clinton.

TIE's full interview with Taylor begins on page 6.
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Title Annotation:economics professor John Taylor
Publication:The International Economy
Article Type:Brief Article
Geographic Code:1USA
Date:Sep 1, 2001
Words:165
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