Link: Added by:
A timeline of the philosophies that led to Reaganomics
Created by db2882
on Nov 9, 2010
Last updated: 11/11/10 at 09:25 AM
Early Philosophy has no followers yet. Be the first one to
One of the members of Reagan's Economic Policy Advisory Board, Laffer popularized the Laffer Curve
John Keynes was a British economist who believed government should be involved in monetary and fiscal policy.
Andrew Mellon, a Secretary of the Treasury from 1921-1932, took similar step as Reagan to reduce federal debt from World War 1.
Adam Smith was a Scottish philosopher and economist who strongly believed in the free market.
A fourteenth century North African philosopher named Ibn Khaldun first wrote about the effect of taxes on empires.