We may receive a commission on purchases made from links. "You can explain it to a congressman in six minutes, and he can talk about it for six months," Hal Varian, an economist, once noted of the tax ...

Editor’s note: Opinion content is solely the opinion of the writer and not the Daily Journal. American economics departments don’t teach Karl Marx or Arthur Laffer for the same reason: their economic ...

The economic theories of both Karl Marx and Arthur Laffer are largely considered incorrect by mainstream economists. Laffer's theory, known as the Laffer Curve, incorrectly predicted that tax cuts ...

American economics departments don't teach Karl Marx or Arthur Laffer for the same reason: their economic theories were wrong. Yet Laffer's discredited ideas are now driving Indiana's tax policy. Marx ...