The Father of Supply-Side Economics
Arthur Laffer is distinguished as “The Father of Supply-Side Economics” for his economic acumen and influence in triggering a worldwide tax-cutting movement in the 1980s, Dr. Arthur Laffer was a member of President Reagan’s Economic Policy Advisory Board for both of his terms. Dr. Laffer served as a Distinguished Professor at the University of Southern California and at Pepperdine University, and was also a member of the Board of Directors at the latter. Previously, he was a Professor at the University of Chicago, and a consultant to Treasury Secretary William Simon, Defense Secretary Don Rumsfeld and Treasury Secretary George Shultz, under whom he was named the first-ever Chief Economist at the Office of Management and Budget.
The founder and chairman of Laffer Associates, Dr. Arthur Laffer currently sits on the board of directors at several public companies, including Violia Environment, MasTec Inc., Petco Animal Supplies Inc., MPS Group Inc., Oxigene Inc. and Nicholas-Applegate Growth Equity Fund. He also sits on the board of directors or board of advisors of such private companies as ProFlowers, HNTB, Affinia Hospitality, Retirement Capital Group, Vizional Technologies, The Mayfair Group, Olympius Capital, ValuBond, U.S. Script and Castle Creek Capital.
Dr. Arthur Laffer received his BA from Yale University and his MBA and Ph.D. from Stanford University, all in economics.