Tuesday, September 28, 2010

The Laffer Cliff

The idea for this post has been bouncing around in my head for months, delayed by life beyond the blog. Hopefully, the idea aged well.

Who'd have thunk it? At least one practitioner of the dismal "science" can be both entertaining and informative.

Allow me to introduce Dr. Arthur Laffer of Laffer Curve fame, an economic theory that Ben Stein used as material in his classic portrayal of a deadly boring economics teacher in Ferris Bueller's Day Off.

[The movie clip may not appear until after the jump.]


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