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The three editors of this book are considered among the most prominent pillars of economic and monetary thought in the world, and they are all fellows at the Hoover Institution at Stanford University. Here is an overview of each of them according to 2025 data: 1. Michael D. Michael D. Bordo is a prominent economist specializing in monetary and financial history: Academic standing: Distinguished Professor of Economics at Rutgers University and Director of its Center for Monetary and Financial History. His specialty: He is known for his deep research into the history of central banks, the international gold system, and global financial crises throughout history. His role: He served as an advisor to several major central banks, including the Federal Reserve, the Bank of England, and the International Monetary Fund. 2. John B. Taylor (John B. Taylor) is considered one of the world's most influential economists in the field of monetary policy: Taylor Rule: He is world famous for inventing the "Taylor Rule", a mathematical formula used by central banks around the world to determine ideal interest rates. Positions: Professor of Economics at Stanford University (Mary and Robert Raymond Chair) and Senior Fellow at the Hoover Institution. Government experience: He served as Under Secretary of the US Treasury for International Affairs, and played a pivotal role in formulating international financial policies. 3. John H. Cochrane (John H. Cochrane) is an economist and financial analyst known for his critical and profound views on the interaction between government debt and inflation: Academic standing: Senior Fellow at the Hoover Institution, and previously served as a professor at the University of Chicago (Booth School of Business). The financial theory of the price level: He is considered one of the most prominent developers of this theory that links the state’s general budget, currency stability, and inflation. His works: He is the author of The Fiscal Theory of the Price Level (2023), and runs a popular economic blog called The Grumpy Economist in which he boldly analyzes contemporary economic issues.