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LARRY KUDLOW: Will a supply-sider run the Fed?

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1 day ago

I certainly hope a supply-sider will run the Fed. As Art Laffer has said again and again, tax something less and you get more of it. Tax something more and you get less of it. This applies to work and investment. And growth. And production. Wait a minute, if you produce more goods, that lowers prices. Supply-siders understand that tax incentives generate faster growth at lower inflation. And the Fed has never understood this. Never. The demand-siders at the Fed believe more growth increases inflation. They don’t understand incentives to work. They don’t understand the Laffer curve. And that’s...

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