At a legendary 1974 Washington dinner, economist Arthur Laffer supposedly sketched his famous curve on a napkin, demonstrating how excessive taxation could reduce government revenue. Now researchers ...
WASHINGTON — It is one of the iconic moments in modern economics: A young professor named Arthur Laffer sketched a curve on a bar napkin in 1974 to show an aide to President Gerald R. Ford why the ...
We may receive a commission on purchases made from links. "You can explain it to a congressman in six minutes, and he can talk about it for six months," Hal Varian, an economist, once noted of the tax ...
In a Bloomberg View column, Betsey Stevenson and Justin Wolfers suggest a hidden consensus among economists, pointing to a Chicago Booth survey on the Laffer Curve: How about the oft-cited Republican ...
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 ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
In this 2012 Making Sen$e report, former Reagan White House economic adviser Arthur Laffer drew his famous curve on a napkin -- just the way he did for the Ford ...
When Donald Trump reintroduced tariffs as a central pillar of U.S. economic policy, many commentators framed it as a political maneuver rather than an economic one. Yet the trajectory of tariff ...
A STATE LEGISLATOR and your business columnist were having an e-mail discussion recently about economicdevelopment incentives, a favorite topic of this space. Wrote the legislator: "It's a very ...