Articles / September 08,2021

Regardless of a country’s natural resources, culture, or education, the institutions it has in place are far more significant in explaining its economic development. Countries with secure private property rights, the rule of law, and free markets tend to have higher per capita incomes and...

Articles / August 10,2021

Everybody knows that the government spends a whole lot more money doing the same job than the private sector would—and usually doesn’t do as good a job.  This pattern isn’t just a coincidence. There are straightforward reasons for the tendency of government interventions in the...

Study / September 01,2015

These series of charts offers a snapshot of West Virginia’s economic climate and how the state compares with other U.S. states. The charts were included in Dr. Laffer’s remarks to  the West Virginia Chamber of Commerce’s Annual Meeting on September 2, 2015. Link to study: West...

Articles, Study / May 11,2015

Jimmy Pethokoukis, a columnist and blogger at the American Enterprise Institute, recently appeared on my friend Bill Bennett’s radio show. Based on his comments on Bill’s show, Jimmy wrote an article entitled “The right needs to get real on Reaganomics,” claiming that the Reagan tax...

Study / September 11,2012

Barack Obama and the Democrats in Congress are betting the future of the U.S. economy on a gamble that tax rates don’t matter: so raising income taxes, dividend taxes, and capital gains taxes in 2013, won’t hurt the economy. The evidence from the states, however,...