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About

Arthur Laffer

Arthur Laffer is known as the “father” of supply-side economics. He was economic adviser to Ronald Reagan for both of his terms (1981–1989), a member of the Reagan-Bush Finance Committee, and adviser to Margaret Thatcher on fiscal policy. One of his earliest successes in shaping public policy was his involvement in Proposition 13, the groundbreaking California initiative that drastically cut property taxes in the state in 1978.

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A co-author of The End of Prosperity: How Higher Taxes Will Doom the Economy — If We Let It Happen, Dr. Laffer was listed by Time magazine as one of “The Century’s Greatest Minds” for inventing the Laffer Curve, a representation of the relationship between possible rates of taxation and the resulting levels of government revenue. The Los Angeles Times named him among “A Dozen Who Shaped the ’80s,” and he was featured in “A Gallery of the Greatest People Who Influenced Our Daily Business,” in the Wall Street Journal.

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He has also been a professor at Pepperdine University, the University of Southern California, and the University of Chicago. He is the founder and chairman of Laffer Associates, an institutional economic research and consulting firm that focuses on the interconnecting macroeconomic, political, and demographic changes affecting global financial markets.