With years of success and experience in advising on a governmental level, Dr. Arthur B. Laffer is an expert on economics and business. As a distinguished and respected researcher in his industry, Dr. Laffer is the founder and chairman of Laffer Associates, an institutional economic research and consulting firm that focuses on the interconnecting macroeconomic, political and demographic changes affecting global financial markets. He is also founder of Laffer Investments, an institutional investment management firm utilizing diverse investment strategies, including some of the economic principles and models pioneered by Dr. Laffer. Read More >
His economic acumen and influence in triggering a worldwide 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 is the author of a number of books, including The End of Prosperity: How Higher Taxes Will Doom the Economy—If We Let it Happen, which was a nominee for the F.A. Hayek book award in 2009, and Return to Prosperity: How America Can Regain Its Economic Superpower Status, and most recently, Eureka! How to Fix California.
He has been widely acknowledged for his economic achievements, including being 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.” Dr. Laffer was listed in “A Dozen Who Shaped the ‘80s,” in The Los Angeles Times on January 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.”
The awards that Dr. Laffer has received for his economic work include: two Graham and Dodd Awards from the Financial Analyst Federation for outstanding feature articles published in the Financial Analysts Journal; the Distinguished Service Award by the National Association of Investment Clubs; the Adam Smith Award for his insights and contributions to the Wealth of Nations; and the Daniel Webster Award for public speaking by the International Platform Association. Dr. Laffer also earned the Father of the Year Award from the West Coast Father’s Day Committee in 1983.
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. He also advised Prime Minister Margaret Thatcher on fiscal policy in the U.K. during the 1980s.
He was formerly the Distinguished University Professor at Pepperdine University and a member of the Pepperdine Board of Directors. He also held the status as the Charles B. Thorton Professor of Business Economics at the University of Southern California from 1976 to 1984. He was an Associate Professor of Business Economics at the University of Chicago from 1970 to 1976 and a member if the Chicago faculty from 1967 through 1976.
Dr. Laffer received a B.A. in economics from Yale University in 1963. He received a MBA and a Ph.D. in economics from Stanford University in 1965. Through highly informational talks, audiences from businesses to financial groups and more will learn about the current economic environment we live in, understand the history of economics in our nation, and discover what it takes to foster economic growth and prosperity. Read Less ^