Arthur B. Laffer is the founder and chairman of Laffer Associates, an economic research and consulting firm. As a result of Dr. Laffer’s economic insight and influence in starting a worldwide tax cutting movement during the 1980s, many publications have named him “The Father of Supply Side Economics.” He is a founding member of the Congressional Policy Advisory Board, which assisted in forming legislation for the 105th, 106th, and 107th Congress. Dr. Laffer served as a member of President Reagan’s Economic Policy Advisory Board for both of his two terms and was an adviser to President Trump.
In March 1999, Dr. Laffer was recognized by Time Magazine as one of “the Century’s Greatest Minds” for his invention of the Laffer curve, which has been called one of “a few of the advances that powered this extraordinary century.” He has received many awards for his economic research, including two Graham and Dodd Awards from the Financial Analyst Federation, the Hayek Lifetime Achievement Award in 2016 from the Hayek Institute and Austrian Economics Center, and the American Legislative Exchange Council’s Laffer Award for Economic Excellence. Dr. Laffer was awarded the Presidential Medal of Freedom by President Trump on June 19, 2019. He graduated from Yale with a Bachelor’s degree in economics in 1963 and received both his MBA and Ph.D. in economics from Stanford University.