Thursday, September 6, 2007

Whither the Laffer Curve?

Tyler Cowen on the influence of supply-side economics on the right:

I know one can find cites to supply-side economics by Giuliani, McCain and others, but the "starve the beast" theory -- rightly or wrongly -- is far more popular with the Right these days. Many people will use Laffer Curve claims to hide their real agendas but that is distinct from the Laffer Curve having much influence.

Tracking the "starve the beast" theory is something of a hobby of ours ... it keeps us off the streets.

No comments: