A Primer on the Laffer Curve

A Primer on the Laffer Curve

Last week, I gave a presentation on the Laffer Curve to a seminar organized by the New Economic School in the nation of Georgia. A major goal was to help students understand that you can’t figure out how changes in tax rates affect tax revenues without also figuring...
A Primer on the Laffer Curve

A Tribute to Art Laffer

I’m a big fan of the Laffer Curve, which is simply a graphical representation of the common-sense notion that punitively high tax rates can result in less revenue because of reductions in the economy-wide level of work, saving, investment, and entrepreneurship. This...
Debating Fiscal Policy and Red Ink for USA Today

Debating Fiscal Policy and Red Ink for USA Today

The folks at USA Today invited me to opine on fiscal policy, specifically whether the 2017 tax cut was a mistake because of rising levels of red ink. Here’s some of what I wrote on the topic, including the all-important point that deficits and debt are best understood...