Arthur Laffer
Arthur Betz Laffer ( /ˈlæfər/; born August 14, 1940) is an American economist who first gained prominence during the Reagan administration as a member of Reagan's Economic Policy Advisory Board (1981–89). Laffer is best known for the Laffer curve, an illustration of the theory that there exists some tax rate between 0% and 100% that will result in maximum tax revenue for governments. He is the author and co-author of many books and newspaper articles, including Supply Side Economics: Financial Decision-Making for the 80s. Laffer is Policy Co-Chairman (with Lawrence "Larry" Kudlow) of the Free Enterprise Fund.
Read more about Arthur Laffer: Life and Career, Laffer Curve, Publications
Famous quotes containing the word arthur:
“Have We not made the earth as a cradle
and the mountains as pegs?
And We created you in pairs,
and We appointed your sleep for a rest;
and We appointed night for a garment,
and We appointed day for a livelihood.
And We have built above you seven strong ones,
and We appointed a blazing lamp
and have sent down out of the rain-clouds water cascading
that We may bring forth thereby grain and plants,
and gardens luxuriant.”
—Qur’an, “The Tiding” 78:6-16, ed. Arthur J. Arberry (1955)