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The income effects in an economy always sum to zero.

Arthur Laffer

Arthur Laffer Biography

  Nationality: American
Type: Economist

Born: August 14, 1940
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Quote of the Day
“I'm into sincerity in music and sincerity in art. If it doesn't feel true, I don't want to do it. Things that are too dramatic scare me. I think that's why I don't always fit into the world of performing arts.”

 

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“A good short-story writer has an instinct for sketching in just enough background to ground the specific story.”

 

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