Arthur Laffer Quotes

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Arthur Laffer

Profession : Economist

Birth : August 14, 1940

The Laffer Curve, by the way, was not invented by me.

Arthur Laffer

What we're talking about is the price of goods, all goods, in terms of money. That has nothing to do with unemployment, except for the fact that you get fewer goods. And when you have more money and fewer goods, the amount of dollars per good goes up. It goes up because there are fewer goods and it goes up because there is more money.

Arthur Laffer

Which would you rather have, capital lined up on your borders, trying to get into your country or trying to get out of your country? We are the capital magnet of this planet and we are the savior for not only people, for not only freedom, but also for capital.

Arthur Laffer

Ask me whether inflation represents longer-term problem. I think there's a potential there for excess reserves to create problems.

Arthur Laffer

And let the Fed sell bonds to bring bank reserves back down to required reserve levels, so we have restraint on bank lending and bank issuances of liability.

Arthur Laffer

Raising taxes is not a frivolous venture that you do on the editorial page of 'The New Republic,' for god sakes. It's something that you really have to think about and go through carefully.

Arthur Laffer