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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've worked behind counters serving food, and I've lived on the circus train, and I've led bicycle tours in Eastern Europe and the Balkans and Russia. I've been a key liner for a newspaper, I've done typesetting. Oh, all sorts of things.”

 

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“The visionary starts with a clean sheet of paper, and re-imagines the world.”

 

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Malcolm Gladwell
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