Taylor was born on 16 April 1800 in Youghal, County Cork, Ireland, to Mary Cooke Taylor, a descendant of John cook the regicide, and Richard Taylor, a manufacturer descended from Cromwellian settlers. He died in Dublin on 12 September 1849, of cholera. He was educated in Youghal and at Trinity College Dublin (BA 1825; LLD 1835). During a break from his college studies, Taylor taught at the Youghal school; his first published book was Classical Geography for the use of Youghall School (1826). In 1829 he moved to London. He retained a life-long interest in education, advocating national schools in both Ireland and England and the establishment of new colleges in Ireland. Though he considered himself an educator and historian, not an economist, a memorial essay asserted that: ‘He vindicated in a masterly manner the Factory System, and the science of Political Economy’ (Bentley's Miscellany 1849: 502).
From The Biographical Dictionary of British Economists in Oxford Reference.