Though I have written extensively about the Recession of 1920, it is worth revisiting it per Glenn Beck’s show last night. Beck rightly pointed out that the policies of decreased taxes and decreased government spending implemented by both Harding and Coolidge paved the way for the dramatic economic growth of the roaring 20s. What Beck [...]
:: Tuesday, March 16, 2010
The “Laffer Curve” first came to public prominence back in the heyday of Reaganomics and “supply side” ideas. The concept is simple and, once you think about it, obvio
us (I say “once you think about it,” because even though it’s been around since the 14th century, it took Arthur Laffer to get people thinking about [...]
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