Free Republic

Jonathan Chait is one of the Founding Fathers of Bush Derangement Syndrome. Way back in '03, the New Republic senior editor authored one of BDS's early, seminal works: "The Case for Bush Hatred," whose very first line was the unequivocal: "I hate President George W. Bush." Ah, but Jonathan Chait isn't a mere one-hatred man. As of this morning, we can conclusively state that in addition to his animus toward our nation's chief executive, Jonathan Chait also hates lower taxes. In his New York Times column "Captives of the Supply Side," Chait directs his ire at lower federal taxes in...

WASHINGTON - Disappointed by recommendations from President Bush's advisory panel on tax reform, a group of free-market economists will try their hand at overhauling America's tax structure and are set to form their own unofficial advisory panel this week, prospective members told The New York Sun.

Laffer Lines Be discerning when reading explanations of the supply-side’s landmark curve. By Thomas E. Nugent Ever since Time magazine selected supply-side economist Arthur Laffer as one of the hundred greatest minds of the 20th century, economists, authors, and media commentators have attempted to define supply-side economics and the Laffer curve. As with any second-hand explanation of an “idea,” there are often distortions and misunderstandings. So, to be sure the record is straight on the origin and meaning of the Laffer curve, here’s the inside scoop. At a dinner in 1974, Dr. Arthur Laffer met with Donald Rumsfeld, the current...

Leading the way was John Mueller, a long-time supply-sider, with a 5.32 percent forecast for 2003. Our own Larry Kudlow, at 4.40 percent, was third. Brian Wesbury, of Griffin, Kubik, and Stephens in Chicago, ranked sixth, and the Bear Stearns team of David Malpass/John Ryding followed in seventh place. (I don't participate in the WSJ forecast, but my own forecast was in line with the above supply-siders; in December of 2002 my La Jolla Economics called for better than 4 percent real GDP growth.) Not only were the real GDP forecasts of the supply-siders among the top ten, when I...