In economics, a key field of knowledge for business owners, the "supply curve" is an upward sloping line that represents the quantity of goods producers make available to consumers at different ...

Supply-Side economics was dubbed “Reaganomics” by the media. If you were for Reagan, that meant you were for it. If you were against Reagan, you were against it.

The supply curve moves when the cost structure of a business changes. For example, if a new technology makes production cheaper, the supply curve moves to reflect that the business can produce ...

While supply side economics is not new, per legend, it was re-born out of a graph drawn on a cocktail napkin in the '70s. Dr. Arthur Laffer developed the Laffer Curve based on a simple premise: at ...

The "strong" version of the supply side argument is that tax cuts will generate enough growth to increase tax revenue. (Not to be confused with the general Laffer Curve proposition that tax cuts ...

Every academic discipline has dirty secrets. Those of economics include the fact that some of our best known principles are based on very thin data. The Phillips curve, which is relevant to much ...

There's a presidential election brewing, and like clockwork, a new crop of Republican hopefuls is turning to Arthur Laffer, the father of supply-side economics. Laffer is a former economic adviser ...

No doubt the supply side has been a significant driver of inflation. Basic economics indicates that the steeper the supply curve, the more inflation a given demand shock generates. If the supply side ...

Supply-side economics is an innovation in macroeconomic theory and policy. It rose to prominence in congressional policy discussions in the late 1970s in response to worsening Phillips Curve trade ...