117. Supply-Side Economics, the Laffer Curve, White House Stories, & More w Dr. Arthur Laffer | Ep. 35
In Let People Prosper episode #35, I talk with Dr. Art Laffer about his new book Taxes Have Consequences, supply-side economics, White House stories, and pro-growth policies that let people prosper.
Thank you for listening to the Let People Prosper Show podcast and for reading the newsletter for show notes and key economic insights.
On today's episode of the "Let People Prosper" show, which was recorded on March 6, 2023, I'm honored to be joined by Dr. Arthur Laffer, legendary economist and 2019 recipient of the Presidential Medal of Freedom.
How raising income taxes disincentivizes work and productivity, slows growth, lowers tax collections (the Laffer Curve), and more in his latest book Taxes Have Consequences;
Why intellectual honesty in economics is essential no matter the politics;
What went into the economic policy decisions inside the White House with Nixon, Reagan, Clinton, Trump, and more. We discussed this and the need for pro-growth policies in a recent commentary at The Federalist.
You can watch this interview on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor (please share, subscribe, like, and leave a 5-star rating).
Dr. Arthur Laffer’s bio and other info (here):
Arthur B. Laffer is the founder and chairman of Laffer Associates, an economic research and consulting firm. As a result of Dr. Laffer’s economic insight and influence in starting a worldwide tax cutting movement during the 1980s, many publications have named him “The Father of Supply Side Economics.”
He is a founding member of the Congressional Policy Advisory Board, which assisted in forming legislation for the 105th, 106th and 107th Congress. Dr. Laffer served as a member of President Reagan’s Economic Policy Advisory Board for both of his two terms.
In March 1999, he was noted by Time Magazine as one of “the Century’s Greatest Minds” for his invention of the Laffer curve, which has been called one of “a few of the advances that powered this extraordinary century.”
He has received many awards for his economic research including two Graham and Dodd Awards from the Financial Analyst Federation. He graduated from Yale with a Bachelor’s degree in economics in 1963 and received both his MBA and Ph.D. in economics from Stanford University.
For thoughtful economic insights, media interviews, speeches, blog posts, research, and more at my website: https://www.vanceginn.com/.