Dr. Arthur Laffer gave a speech last evening here at Belmont to a capacity crowd of over 300 people. Most in the audience were not even born when Dr. Laffer convinced President Reagan to try a bold new approach to tax policy. But his speech on the historical philosophical battle between "Redistribution-ists" and "Growth-ists" received a standing ovation. It seems that Laffer is more of a rock star today than he was back in the 1980s when his ideas were first being implemented as policy.
Students were lining up to get autographs on napkins, on diagrams of the Laffer Curve in their Economics text books, and even on a few Viva Reagan tee shirts. It seems that the entrepreneurial generation is full of supply-siders!
