In the early 1980s, the major arms of federal economic policy effectively cooperated to implement what came to be known as the supply-side revolution. Among those who fi rst developed supply-side economics, no one was more influential than the economist Arthur B. Laffer. Laffer Associates, the firm that Laffer founded in 1978 has now turned out over a thousand papers in the supply-side tradition.
The Pillars of Reaganomics is a collection of the greatest hits of those Laffer Associates papers, from the 1980s through 2005. In the main, these papers have not only been left unconsulted by historians—they have not been made available to the public generally. What they represent is no less than the comprehensive running commentary of the implementation of the supply-side revolution.
Brian Domitrovic holds a Ph.D. in history from Harvard University, where he also did work in the economics department. The chairman of the Department of History at Sam Houston State University, he has written for numerous scholarly and popular publications. He is author of Econoclasts: The Rebels Who Sparked the Supply-Side Revolution and Restored American Prosperity (2009), and writes a weekly column at Forbes.com under the byline “Past & Present.”