On the Origin of the Laff er Curve

On the Origin of the Laff er Curve

In 1974 Arthur Laffer sketched his famous curve on a restaurant napkin. Jude Wanniski gave the curve Laffer’s name and popularized it in 1978. Nowadays the Laffer curve is part of most economics textbooks and essential argument in tax debates. In this paper we present less known citations on the...

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Main Author: Petr Mach
Format: Article
Language:English
Published: University of Finance and Administration 2019-11-01
Series:ACTA VŠFS
Subjects:
laff er curve
taxation
history of economic thought
Online Access:https://www.vsfs.cz/periodika/acta-2019-2-05.pdf
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spelling doaj-3cdbd8ca3c1a49a2a3fd6cc1ddcd3e212020-11-25T01:49:52ZengUniversity of Finance and AdministrationACTA VŠFS1802-792X1802-79462019-11-01132186191On the Origin of the Laff er CurvePetr Mach0University of Finance and AdministrationIn 1974 Arthur Laffer sketched his famous curve on a restaurant napkin. Jude Wanniski gave the curve Laffer’s name and popularized it in 1978. Nowadays the Laffer curve is part of most economics textbooks and essential argument in tax debates. In this paper we present less known citations on the relation between the tax rate and the tax revenue of Milton Friedman, John Maynard Keynes, and Adam Smith who uttered the idea lying behind the Laffer curve long time before Arthur Laffer.https://www.vsfs.cz/periodika/acta-2019-2-05.pdflaff er curvetaxationhistory of economic thought
collection DOAJ
language English
format Article
sources DOAJ
author Petr Mach
spellingShingle Petr Mach
On the Origin of the Laff er Curve
ACTA VŠFS
laff er curve
taxation
history of economic thought
author_facet Petr Mach
author_sort Petr Mach
title On the Origin of the Laff er Curve
title_short On the Origin of the Laff er Curve
title_full On the Origin of the Laff er Curve
title_fullStr On the Origin of the Laff er Curve
title_full_unstemmed On the Origin of the Laff er Curve
title_sort on the origin of the laff er curve
publisher University of Finance and Administration
series ACTA VŠFS
issn 1802-792X
1802-7946
publishDate 2019-11-01
description In 1974 Arthur Laffer sketched his famous curve on a restaurant napkin. Jude Wanniski gave the curve Laffer’s name and popularized it in 1978. Nowadays the Laffer curve is part of most economics textbooks and essential argument in tax debates. In this paper we present less known citations on the relation between the tax rate and the tax revenue of Milton Friedman, John Maynard Keynes, and Adam Smith who uttered the idea lying behind the Laffer curve long time before Arthur Laffer.
topic laff er curve
taxation
history of economic thought
url https://www.vsfs.cz/periodika/acta-2019-2-05.pdf
work_keys_str_mv AT petrmach ontheoriginofthelaffercurve
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