Remembering the Father of Supply-Side Economics ...Middle East

The New Republic - News

The economist Robert Mundell died on April 4. Although known primarily for his work on international economics—he’s popularly known in economic circles as the “father of the Euro”—he played a vital role in the creation of what came to be known as supply-side economics: the idea that big tax cuts will so stimulate economic growth that revenues will not fall. Important supply-siders such as Arthur Laffer and Jude Wanniski credited Mundell as the originator of their ideas. And while these ideas have engendered decades of hotly-contested debate, Mundell’s foundational work is still very vital today, even to the pandemic recovery that America has embarked upon in the early days of the Biden admin

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Last updated : 07 April 2021 clock 01:47 PM

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Remembering the Father of Supply-Side Economics ...Middle East

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