Last month, President Trump gave the Presidential Medal of Freedom to economist Arthur Laffer. Laffer was a hotshot young tenured economist at the University of Chicago in the 1960s, developed ...
When it comes to taxes, many people feel the government can never collect enough. But how can governments determine the “ideal” tax rate? Enter the Laffer curve—a theory that suggests there is an ...
Last year, famed Republican economist Art Laffer co-authored a hagiographic tribute to President Trump and his agenda. Trump habitually bestows his most slavish supporters with pardons or — in the ...
About 50 years ago Art Laffer drew a convex curve on a napkin to illustrate the power of tax cuts to two senior officials from the Ford administration named Donald Rumsfeld and Dick Cheney.
Former Secretary of State George Shultz died over the weekend at age 100. He received many accolades for being one of the last sane Republicans. Shultz was from the Eisenhower era of Republican ...
The godfather of supply-side economics and inventor of the "Laffer Curve" is largely discredited by his peers, but revered by Trump and the GOP. The economist Arthur Laffer appeared early Monday on ...
American economics departments don't teach Karl Marx or Arthur Laffer for the same reason: their economic theories were wrong. Yet Laffer's discredited ideas are now driving Indiana's tax policy.