Word: lafferism
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...registration fee, top-shelf shoppers were greeted at the airport by young women in tuxedos and whisked by limousine to the MGM Grand Hotel, where they were lectured by Economist Arthur Laffer and entertained by Bob Hope as they mingled with other high rollers. Inside the hotel's Capitol Room, even those who were not striking deals said that they had got their money's worth. "I'm always interested in finding out what's happening in the marketplace, and it's not always easy to find out what's happening," explained G. Allan...
ENGAGED. Arthur B. Laffer, 42, University of Southern California economist and author of the controversial supply-side tax curve named after him; and Traci Lynn Hickman, 23, a U.S.C. senior majoring in political science; in Rancho Santa Fe, Calif. The couple met when she had a job in the office of the business-school dean...
...balanced budget-with the tight money and lower social-spending ideas favored by traditional conservatives and monetarists. In the process of melding together these views, Shultz somehow managed to ease aside, as key figures in the Reagan campaign, economic eccentrics like supply-side zealot Arthur Laffer and move ahead such mainstream figures as Wriston and Economist Alan Greenspan...
...funnier send-ups: a deadpan report on a failed takeover bid by the Mobil Corp., this time for Bill's Hoagie Stop; a slice-of-life jape about the current fascination with economic jargon, depicting a scatological barroom brawl over monopsony, diminishing rates of transformation, and the Laffer Curve...
...pretend that the states are autonomous anymore, economically or politically? Who can pretend that the federal government should cede its power to assure basic needs across the country to decentralized, parochial and inefficient authorities? Apparently, the same people who last year at this time waited for the Laffer Curve to slope off of a napkin and on to their bank statements. They took the tax cut and ran leaving without even fulfilling their side of the bargain--restoring business confidence...