Dr. Laffer is interviewed about the origin story of “The Laffer Curve,” his involvement in political and economic history, taxes during the Great Depression, the use of tariffs, and if the United States would ever add a consumption tax....
Dr. Laffer is interviewed about the origin story of “The Laffer Curve,” his involvement in political and economic history, taxes during the Great Depression, the use of tariffs, and if the United States would ever add a consumption tax....
Everybody knows that the government spends a whole lot more money doing the same job than the private sector would—and usually doesn’t do as good a job. This pattern isn’t just a coincidence. There are straightforward reasons for the tendency of government interventions in the...