Time To Award Art Laffer the Nobel Prize in Economics, as Surging Biden-Harris Deficits Vindicate His Theory on Taxes

The Laffer Curve, drawn on a napkin 49 years ago, has proven to be correct time and time again, including the latest budget deficit numbers just released for fiscal year 2024.

Gage Skidmore via Wikimedia Commons CC2.0
Arthur Laffer at FreedomFest in 2013. Gage Skidmore via Wikimedia Commons CC2.0

Give Arthur Laffer his Nobel Prize in Economics. The prize will be awarded next week. The clear winner — and it’s high time — should be Mr. Laffer. 

And if you ever needed more evidence that the Laffer Curve, drawn on a napkin by Mr. Laffer way back 49 years ago in 1975, has proven to be correct time and time again, including even the latest budget deficit numbers just released for fiscal year 2024.

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