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    • About Dr. Arthur B. Laffer
      • Laffer and Fischer Black take on Friedman and Monetarism
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    • Chapter 16: The Trump Tax Cut and Economic Resurgence into 2020
  • Resource Library
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  • About
    • The Mission
    • About Dr. Arthur B. Laffer
      • Laffer and Fischer Black take on Friedman and Monetarism
      • Challenging Friedman and Triffin
      • Arthur Laffer at OMB, 1970-72
    • About the Laffer Curve
      • The Early Laffer Curve, 1974
    • About Supply-Side Economics
      • Supply-Side History
  • Supply-Side Basics
    • The 5 Pillars of Prosperity
    • Free Course on Supply-side Economics
    • Noteworthy Papers, Media, and Much More on Supply-Side
      • Noteworthy Papers
      • Noteworthy Videos
  • Books
    • Taxes Have Consequences
    • The Emergence of Arthur Laffer
    • The Pillars of Reaganomics
    • An Inquiry into the Nature and Causes of the Wealth of States
    • Econoclasts
    • Handbook of Tabacco Taxation
    • Eureka!
  • Taxes Have Consequences
    • Frontispiece/dust jacket
    • Chapter 1: Whatever
    • Chapter 2: Income Tax Avoidance—The Income of the Rich Is Not What It Seems
    • Chapter 3: Beyond Piketty—The Laffer Curve is Alive and Well
    • Chapter 4: Tax Cuts of the Roaring 1920s
    • Chapter 5: The Smoot-Hawley Tariff, the Revenue Act of 1932, and Crush of the Great Depression
    • Chapter 6: Tax Rates and the Persistence of the Great Depression
    • Chapter 7: Unindicted Co-Conspirators: States and Localities During the Great Depression
    • Chapter 8: World War II and the Economy
    • Chapter 9: Government Retreat and the Emergence of Post-World War II Prosperity
    • Chapter 10: High Tax Rates and the Sluggish 1950s
    • Chapter 11: The Growth Takeoff of the 1960s
    • Chapter 12: The States After World War II
    • Chapter 13: Taxes and Stagflation
    • Chapter 14: The Great Boom, 1982-2000
    • Chapter 15: Sluggishness in the 2000s
    • Chapter 16: The Trump Tax Cut and Economic Resurgence into 2020
  • Resource Library
    • Articles
    • Video
  • Donate

01 Jul Monetary Policy Played Second Fiddle in the Great Depression

Noteworthy Papers / by Arthur B. Laffer, PhD / July 1, 2020

Monetary Policy Played Second Fiddle in the Great Depression



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Founded in 2012, The Laffer Center is dedicated to preserving and promoting the core tenets of supply-side economics. The Laffer Center houses the life work of Dr. Arthur B. Laffer’s and seeks to be the leading source for supply-side research and thought, including the research and published works of other economists and thought leaders whose ideas have played an instrumental role in the supply-side movement in the United States and abroad.

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