Travels from California, USA
Arthur Laffer's speaking fee falls within range: $25,000 to $30,000
Nicknamed “The Father of Supply-Side Economics,” Arthur Laffer has been one of the most influential figures in business and public policy in the late 20th Century. Dr. Laffer’s work triggered a world-wide tax-cutting movement in the 1980s and his most well-known academic contribution “The Laffer Curve,” which illustrates the tradeoff between tax rates and actual tax revenues, continues to be a pillar of supply-side economics.
Dr. Laffer’s association with the Laffer Curve garnered his inclusion in a Time Magazine cover story, “The Century’s Greatest Minds.” His academic career spanned faculty positions at the University of Chicago, the University of Southern California, and Pepperdine University. His work is featured at the Laffer Center which was established by the Pacific Research Institute in 2012 to educate people on free-markets and supply-side economics.
Dr. Laffer played a key role in writing California Proposition 13, the 1978 property-tax-cap initiative that inspired a tax revolt across the nation. He was a member of President Ronald Reagan’s Economic Policy Advisory Board throughout the entire administration and also advised British Prime Minister Margaret Thatcher on fiscal policy in the United Kingdom in the 1980s.
Dr. Laffer serves on several boards and his insights frequently appear on CNBC and in The Wall Street Journal as well as the The Washington Times. He is the author of several books, including the recently published Dollarlogic: A Six-Day Plan to Achieving Higher Investment Returns by Conquering Risk, coauthored by Andy Martin.
Dr. Laffer has been widely acknowledged for his economic achievements. He was noted in Time Magazine’s March 29, 1999, cover story “The Century’s Greatest Minds” for inventing the Laffer Curve, which it deemed one of “a few of the advances that powered this extraordinary century”. He was listed in “A Dozen Who Shaped the ’80s,” in the Los Angeles Times on Jan. 1, 1990, and in “A Gallery of the Greatest People Who Influenced Our Daily Business,” in the Wall Street Journal on June 23, 1989. His creation of the Laffer Curve was deemed a “memorable event” in financial history by the Institutional Investor in its July 1992 Silver Anniversary issue, “The Heroes, Villains, Triumphs, Failures and Other Memorable Events.”
Dr. Laffer’s 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.
Dr. 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. Dr. Laffer was also a founding member of the Congressional Policy Advisory Board, a select group of advisors who assist in shaping legislative policies for the 105th, 106th and 107th United States Congress. He was the first to hold the title of Chief Economist at the Office of Management and Budget.
Dr. Laffer is the founder and chairman of Laffer Associates, an economic research and consulting firm that provides investment-research services to institutional asset managers. Since its inception in 1979, the firm’s research has focused on the interconnecting macroeconomic, political and demographic changes affecting global financial markets.
Years of experience and success in advising on a governmental level have distinguished Dr. Laffer in the business community as well. He currently sits on the board of directors of a multitude of public and private companies, which include: Vivendi Environmental, PacifiCare Health Systems, MasTec Inc., Neff Corp., Nicholas-Applegate Growth Equity Fund, and Oxigene Inc. He also sits on the board of directors or board of advisors of a number of private companies.
Dr. Laffer received a B.A. in economics from Yale University. He received a MBA and a Ph.D. in economics from Stanford University.
Arthur Laffer counsels the people of Morocco on setting up an economic system that encourages prosperity. He discusses the power of putting positive incentives in play as oppose to negative incentives, claiming that this is the basis of economics.
While positive incentives inform people of what they should do, negative incentives tell people what they shouldn’t do. Dr. Laffer points out that we tax people for speeding so they won’t speed, we tax people for smoking so that they won’t smoke, and we tax people for drinking so that they won’t drink. However, why do we tax people for earning money?
“No one can be oblivious that when you tax people who earn income, they will stop earning income or reduce the amount of income that they earn,” Dr. Laffer insists. True, some taxation is necessary to run government, but he cautions officials to “collect taxes in the least damaging fashion. All taxes are bad, but some are worse than others.”
Internationally influential economist, Arthur Laffer offers his valued insights on how economic conditions and policies affect your industry. He is frequently called upon by city, state, and national governments to give expert advice on policies and tax plans so that their areas can see healthy economic growth. Dr. Laffer makes the mathematics of economics easy-to-follow with relatable examples and studies that back up his theories.
Dr. Laffer customizes each program. These are just general topic ideas:
The Economic Outlook: Dr. Laffer looks at the current economic environment and offers thoughts on where it′s headed - short term, long term, domestically and globally - with prospects for investments, interest rates and business growth.
Insights on the Economy: Dr. Laffer will compare the current economic policies in place in the United States, and the political happenings that could affect those policies, to the best policies for developing economic growth. He will also provide insight on how the policy environment will affect economic and market performance going forward.
An Economic History of our Nation: Dr. Laffer takes his audiences on a historical tour of the economic policies of our country from a supply-side viewpoint, highlighting that neither good economics nor bad economics is owned by a single party.
Rich States, Poor States: Dr. Laffer discusses the policies which foster economic growth and prosperity in states like Utah, Arizona and Texas, and compares them with those which cause economic malaise in states like California, New York and Michigan. He can also provide a focused update on a particular state.
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