Arthur Laffer
Dr. Arthur Laffer, widely known as the Father of Supply-Side Economics, is the Founder and Chairman of Laffer Associates, an economic research firm that provides global investment-research services. He is the inventor of the Laffer Curve, one of the main theoretical constructs of supply-side economics, illustrating the tradeoff between tax rates and actual tax revenues. Dr. Laffer’s career has been marked by experience and success in business, in public policy, and as an academic economist and professor. His current research focuses on the interconnecting macroeconomic, political and demographic changes affecting global financial markets. Distinguished in the business community as well, Dr. Laffer sits on the board of directors for several private and public companies, helping drive robust growth utilizing economic strategies and models he pioneered.
Arthur Laffer Professional Experience / Academic History
Professional Experience
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Founder and Chairman
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Charles B. Thornton Professor of Business Economics
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Associate Professor of Business Economics
Academic History
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Ph.D., Economics
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M.B.A., Economics
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B.A., Economics
CURRENT AFFILIATIONS
Board of Directors, MPS Group Inc.
Board of Directors, Oxigene Inc.
Board of Advisors, Retirement Capital Group
Board of Advisors, Pillar Data Systems
Board of Advisors, LifePics
Board of Advisors, Nicholas Applegate Institutional Funds
Board of Advisors, Jovian Holdings
Board of Advisors, Roth Capital
Board of Advisors, Atrevida Partners
Board of Advisors, Health Edge Partners
Board of Advisors, First Q Capital
Board of Advisors, The Mayfair Group
CAREER HIGHLIGHTS
His economic acumen and influence in triggering a world-wide tax-cutting movement in the 1980s have earned him the distinction in many publications as “The Father of Supply-Side Economics.”
One of his earliest successes in shaping public policy was his involvement in Proposition 13, the groundbreaking California initiative that drastically cut property taxes in the state in 1978.
Laffer was a member of President Reagan’s Economic Policy Advisory Board for both of his two terms. (1981 -1989)
He was a member of the Executive Committee of the Reagan/Bush Finance Committee in 1984 and was a founding member of the Reagan Executive Advisory Committee for the presidential race of 1980.
He also advised Prime Minister Margaret Thatcher on fiscal policy in the U.K. during the 1980s.
He was a Consultant to Secretary of the Treasury William Simon, Secretary of Defense Donald Rumsfeld, and Secretary of the Treasury George Shultz. (1972 - 1977)
He was the first to hold the title of Chief Economist at the Office of Management and Budget under Mr. Shultz. (1970 - 1972)
He is a founding member of the Congressional Policy Advisory Board, which assisted in forming legislation for the 105th, 106th and 107th Congress.
RECOGNITION
2x Graham Awards, Financial Analyst Federation
2x Dodd Awards, Financial Analyst Federation
Distinguished Service Award, National Association Investment Clubs
Adam Smith Award, Wealth of Nations
Daniel Webster Award, International Platform Association
Presidential Medal of Freedom, The White House
MEDIA & PUBLICATIONS
Dr. Laffer has been profiled, featured, and quoted in numerous industry publications and media outlets.
He has appeared in The New York Times, The Wall Street Journal, Business Insider, Bloomberg, Yahoo! Finance, Financial Times, and more.
He has also been featured in Forbes, CNBC, NPR, Politico, Fox Business, New York Post, Washington Post, and Newsmax, among others.