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Art Laffer)
Arthur Betz Laffer, Sr. (born August 14, 1940) is a supply side economist who became well known and influential during the Ronald Reagan administration when he was an iconoclastic member of Reagan's Economic Policy Advisory Board (1981-1989). He's best known for the eponymous Laffer curve, a simple model of tax revenue showing an 'optimal' tax rate between two sub-optimal ranges of taxation.
He is the author and co-author of many books and newspaper editorials, including . On January 3, 2005, Laffer penned an editoral called "Destination U.S.A." concerning trade theory for The Wall Street Journal.
Founder and CEO of Laffer Associates in San Diego, he received a BA in economics from Yale University in 1963. He also graduated from Stanford University with an MBA in 1965 and a PhD in economics in 1971.
He has six children. His acolytes include Lawrence Kudlow, the popular co-host of Kudlow & Cramer on CNBC. Also, Laffer's devotees include blogger Donald Luskin, co-author of the seminal "Index Options & Futures: The Complete Guide."
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