All Posts Tagged With: "Laffer Curve"
What’s Wrong with How We Teach Economics
Brandon Crocker is a real estate executive in San Diego. The decline in the core curricula of universities and the growing “cultural illiteracy” of high school and college graduates have been lamented in many books and articles. As universities have redesigned their curricula to fit the demands of political correctness and the particular interests of [...]
1May2003 | Brandon Crocker | 0 comments | ContinuedEconomics on Trial
The Laffer Curve—the theory that when taxes are too high, reducing them would actually raise tax revenue—is dismissed. “When Reagan cut taxes after he was elected, the result was less revenue, not more,” reports Mankiw in his popular textbook.2 Never mind that tax revenues actually rose significantly every year of the Reagan administration; the perception is that supply-side economics has been discredited.
1Feb2000 | Mark Skousen | 0 comments | Continued-
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