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comment by thenewgreen
thenewgreen  ·  1619 days ago  ·  link  ·    ·  parent  ·  post: The world's largest airline by capacity is now... Southwest

Please do write the review of anything to do with the laffer curve. If you've already done so, please share. My conservative uncle keeps throwing it in my face like it's proven theory. The "gravity" of economic policy.





kleinbl00  ·  1619 days ago  ·  link  ·  

You would likely enjoy the writings of Ken Galbraith. He was a clever guy and a pithy writer. That "known unknowns" quote we blame on Rumsfeld started life as

    “There are two kinds of forecasters: those who don’t know, and those who don’t know they don’t know.”

...when talking about the Federal Reserve in The Great Crash. Here's what he had to say about the Laffer Curve:

    “If you feed enough oats to the horse, some will pass through to feed the sparrows."