This book explores the origins of Arthur Laffer’s economic theories and how they became a part of mainstream economic policy. Utilizing interviews and archival material, Laffer’s life is traced from his early education through to his time working for the Nixon and Reagan administrations....

This book explores the origins of Arthur Laffer’s economic theories and how they became a part of mainstream economic policy. Utilizing interviews and archival material, Laffer’s life is traced from his early education through to his time working for the Nixon and Reagan administrations....

Urgent need for quick action to put Nigeria and other developing economies back to the path of economic recovery has almost imposed state of emergency on these economies. Most LDCs are faced with acute shortage of development funds due to recessions accompanying incessant crashes in...

The paper deals with proofing Laffer Curve. Until now it has never been proved, because lack of real statistical data as a tool for practical proof. The paper shows that from the increase of the excise on cigarettes 7 times (700%) from 22,80 leva per 1000 pieces to 155 leva per 1000 pieces, it...

The Laffer curve is a graphical representation of how government revenues vary with the level of taxation. Allegedly, it was first drawn on a cocktail napkin by one of US President Ronald Reagan's advisors in the 1970s. Since then, it has been routinely reproduced in economics textbooks. This...

An expression for the Laffer curve for high incomes is derived, assuming a constant Pareto parameter and elasticity of taxable income. The peak of this Laffer curve is given by the well-known Saez (2001) expression. Microsimulations using Swedish population data show that the simulated curve...