Business Standard

Wednesday, December 25, 2024 | 11:56 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

The napkin that changed the U.S. economy

Current Time 0:00
/
Duration Time 0:00
Progress: NaN%

The napkin that changed the U.S. economy

In 1974, economist Arthur Laffer sketches his theory of tax policy over dinner with Wall Street Journal writer Jude Wanniski and Ford administration officials Donald Rumsfeld and Dick Cheney, kick-starting the rise of supply-side economics. Forty years after one of the most famous dinner-napkin doodles in American history, Laffer, Cheney, and Rumsfeld reunited at that same restaurant.

Explore News