Arthur Laffer
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Aristotle argued that a stable democracy required a strong middle class. The Pope, in his recently published Exhortation, argues against the ideology hurting the poor and destroying the middle class. This article examines how the income inequality came about and how it could be corrected. Read more
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Art hur Laffer’s theories have often been used to support supply-side economics, the idea that cutting taxes would lead to economic growth which would in turn increase tax revenue. However, empirical data shows that Laffer’s theories are more about ideology than about practical economics. Read more
J.C. Moore Online 