Taxes Have Consequences has won the 2025 Leonard Read Book Award at FreedomFest, earning top honors for its bold contribution to the national conversation on tax policy and economic freedom. The book’s clear, compelling message continues to resonate with readers and policymakers alike. Watch the moment it took the stage in this clip from the…
Taxes Have Consequences: An Income Tax History of the United States, coauthored by Arthur B. Laffer, Brian Domitrovic and Jeanne Sinquefield, will be released Sep. 27, 2022. Taxes Have Consequences is the definitive history of the income taxand its effecton the economy. The top rate of that tax has determined the fate of the American…
This paper takes a modestly deeper dive into the threat of, and prospects for, inflation. It also lays out the current circumstances of the labor market provided by the monthly jobs report. Link to study: A Deeper Dive
Click here to see assorted letters and documents related to an economic reform program.
“Superman, Wyatt Earp, and Dorothy: The Story of Kansas" is Arthur Laffer’s assessment of the Kansas economy during and the governorship of Sam Brownback. “The Economic Burden of Tax Code Complexity” is a 2010 study by Arthur Laffer, Wayne Winegarten, and businessman John Childs about the full costs of filing tax returns.
In this lesson, Dr. Laffer details the origins, practical uses, and theory behind the Laffer Curve. The Laffer Curve looks at the relationship between tax rates and tax revenues. The basic theory behind this relationship is that changes in tax rates have two effects on revenues: the arithmetic effect and the economic effect. The arithmetic…
Markets certainly aren’t immune to failure–however, many economic models exploring “market failure” and classic textbook examples criticizing free-markets utilize unrealistic models that underrate the innovations of real-world capitalism, and which simultaneously overrate the ability of political saviors. In this lesson, Dr. Laffer dissects the flaws of popular criticisms of laissez-faire capitalism. Link to article: Perfect…
To most people, the Fed remains a mysterious entity. In this lesson, Dr. Laffer pierces the fog by applying basic economic principles to this intimidating topic. He explains how they make money and how, contrary to popular belief, they do not set interest rates. Link to article: Money Makes the World Go 'Round
