Book Review: The Emergence of Arthur Laffer: The Foundations of Supply-Side Economics in Chicago and Washington, 1966–1976

Dr. Arthur Laffer is often associated with supply-side economics, i.e., the idea that low taxes and sound money foster economic growth. He could be seen as the best example of a late 20th century economist who reached policymakers, notably with his easy-to-understand “Laffer Curve.” Brian Domitrovic’s new book is a comprehensive account of Laffer’s interactions with policymakers prior to meeting Ronald Reagan, as well as his conflicts in academia and his Wall Street Journal writing.