Economist Arthur Laffer, Founder and Chairman of Laffer Associates and former member of Ronald Reagan’s Economic Policy Advisory Board, discusses the implications of the debt ceiling on the U.S. deficit, income inequality, and what the government should do to build a prosperous economy.

If we care about the future of the economy, then we have to pay close attention to the policies that shape it. We are currently living in an age of extreme — and in certain cases, unprecedented — levels of monetary and fiscal policy.

Is that wise? Or should market forces be allowed to play out more & free us from the constant intervention of the central planners? To explore this, we welcome economist Dr. Arthur Laffer. Dr. Laffer was the first to hold the title of Chief Economist at the Office of Management and Budget in the early 1970s. He then later served as a member of President Reagan’s Economic Policy Advisory Board. He’s perhaps best known for developing the Laffer curve, a model for determining the optimal balance between tax revenues and economic growth.