Supply-Side Economics: 'Voodoo Economics' or Lasting Contribution?

  title={Supply-Side Economics: 'Voodoo Economics' or Lasting Contribution?},
  author={Bruce R. Bartlett},
  journal={History of Economics eJournal},
  • B. Bartlett
  • Published 11 November 2003
  • Economics
  • History of Economics eJournal
A history of "supply-side economics" and the Laffer Curve published by Art Laffer's economic consulting firm in 2003. It was reviewed and edited by Laffer himself, who later reprinted it in a book published by the Laffer Center: "The Pillars of Reaganomics" (San Francisco, 2014). It is, therefore, as close to an official history of this subject as presently exists. 
Fiscal Policy in a Depressed Economy
In a depressed economy, with short-term nominal interest rates at their zero lower bound, ample cyclical unemployment, and excess capacity, increased government purchases would be neither offset by
How ‘Pro Corporate Cash-Flow Tax’ Design May Promote The Development Of Telecommunication Industry
Abstract.Telecommunication industry (‘the industry’) plays an important role in economic growth. Therefore, it is beneficial when the Government prepares policies enhancing the development of this
The Khaldûn−Laffer Curve Revisited: A Personal Income Tax−Based Analysis for Turkey
The objective of this paper is to revisit as well as empirically examine an old but still discussed postulate, the Khaldun-Laffer curve, on the basis of personal income tax by making use annual
Crescimento, Economia de Oferta e de Demanda
Resumo Considere riqueza circulando em uma dada localidade geografica, ja que ha circulacao de bens e servicos. O que pode causar que a circulacao deles diminua, estagne ou enfrente crescimento lento


We are all supply-siders now!
Supply-side economics is growthand efficiencyoriented. It covers the entire range of economic decisions: what gets produced, how, for whom, and how fast production and consumption possibilities
The Consumption Tax and Supply-Side Economics: Some Short-Term Revenue Effects
In this paper we present a logical extension of the Laffer model that casts doubt on the above criticisms of supply-side economics. In particular, we show that (1) because of “dual taxations,â€
Jonathan Swift: Father of Supply-Side Economics?
Jonathan Swift (1667-1745) is not generally thought of as an economic theorist. His best-known work is the great satire, Gulliver’s Travels (1726). However, in 1728 he published a paper that came to
Are We All Supply‐Siders Now?
The term "supply-sider" has come to mean someone who believes that an x percent cut in tax rates walkthrough its effect on the incentive to work, to save and invest, and to avoid and evade taxes-lead
Economists who are passionately determined not to admit that policies answering to their social and moral vision, particularly fiscal policies of anticapitalist tendency, can possibly interfere with
Supply-Side Economic Policies during the Coolidge-Mellon Era
President Ronald Reagan's Program for Economic Recovery includes policies such as government spending cuts, tax rate reduction, and deregulation of government controls over business.' These policies
Government Exactions and Revenue Deficiencies
The proposition that increases in tax rates discourage market- sector production and may therefore, beyond a certain level, be counterproductive in raising tax revenue is an old issue in the eco-
The truth about supply-side economics
In this age of modern era, the use of internet must be maximized. Yeah, internet will help us very much not only for important thing but also for daily activities. Many people now, from any level can
The Welfare Cost of Factor Taxation in a Perfect-Foresight Model
  • K. Judd
  • Economics
    Journal of Political Economy
  • 1987
This paper examines the marginal efficiency cost of various factor taxes in a dynamic general-equilibrium model. The au thor solves for the excess burden of anticipated and unanticipated, t emporary
Productivity in the United States and its relationship to government activity: An analysis of 57 years, 1929–1986
Under the classical supply-side paradigm of productivity grouth, raising government economic above rudimentary levels integrates markets and provides useful public goods which enhance growth. Beyond