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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
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    • Free Course on Supply-side Economics
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  • 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
    • Bibliography
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    • The Emergence of Arthur Laffer
    • The Pillars of Reaganomics
    • Econoclasts
    • Handbook of Tabacco Taxation
    • Eureka!
  • Donate
  • 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
  • Resource Library
    • Studies
    • Articles
    • Media
  • 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
    • Bibliography
  • Books
    • An Inquiry into the Nature and Causes of the Wealth of States
    • The Emergence of Arthur Laffer
    • The Pillars of Reaganomics
    • Econoclasts
    • Handbook of Tabacco Taxation
    • Eureka!
  • Donate
Articles / October 08,2021

Money Makes the World Go ‘Round – And the Fed Makes Money

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...

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Latest Posts
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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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