Articles, Studies / January 15,2022

“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...

Articles / November 12,2021

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...

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...