Author: Arthur Laffer

Quotes

People can change the volume, the location and the composition of their income, and they can do so in response to changes in government policies.

People can change the volume, the location and the composition of their income, and they can do so in response to changes in government policies.

- Arthur Laffer

The truth of the matter of is that stimulus money not only doesn't stimulate; it actually reduces output.

The truth of the matter of is that stimulus money not only doesn't stimulate; it actually reduces output.

- Arthur Laffer

People can also change the timing of when they earn and receive their income in response to government policies.

People can also change the timing of when they earn and receive their income in response to government policies.

- Arthur Laffer

With the shrinking of the US economy, and it's shrinking very rapidly, you not only have more money, but you also have fewer goods. That's a classic double-whammy on inflation.

With the shrinking of the US economy, and it's shrinking very rapidly, you not only have more money, but you also have fewer goods. That's a classic double-whammy on inflation.

- Arthur Laffer

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