Arthur Laffer has been an influential presence in American economic thinking for more than three decades. He was central in ushering the massive prosperity overseen by Ronald Reagan through a revolutionary way of thinking about taxation, as exemplified in his invention the Laffer Curve, which charts tax revenues against rates. In this incisive interview he explains what government should and should not be doing to get the U.S.’s lagging recovery in gear and why he’s optimistic about the economic future.
Octavian Report: Do you think that any of the current GOP candidates have the will to produce actual change if elected?
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Dr. Arthur Laffer is founder and chairman of Laffer Associates and was a member of President Ronald Reagan’s Economic Policy Advisory Board.