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Critics of supply-side economics point out that most estimates of the elasticity of labor supply indicate that a 10 percent change in after-tax wages increases the quantity of labor supplied by only 1 or 2 percent.
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www.econlib.org/library/Enc/SupplySideEconomics.html
www.econlib.org/library/Enc/SupplySideEconomics.html
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supply-side economics - definition of supply-side economics - An economic theory which holds that reducing tax rates, especially for businesses and wealthy individuals, stimulates savings and investment for the... ... Search volume for supply-side economics...
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www.investorwords.com/4825/supply_side_economics.html
www.investorwords.com/4825/supply_side_economics.html
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A definition, expanation and a defence of supply-side economics a la Reagan ... Supply Side Economics; Jim Blair ... Supply Side economics (SS economics henceforth) concentrates on the effect marginal tax rates have on the incentives of firms to invest and of people to work.
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www.bigissueground.com/politics/blair-supplysideeconomi...
www.bigissueground.com/politics/blair-supplysideeconomics.shtml
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The central concept of supply-side economics is that tax cuts cause economic growth. Tax cuts allow entrepreneurs to invest their tax savings, which creates higher productivity, jobs and profits. This, ironically, allows the entrepreneur and his new workers to pay even more taxes, even at lower rates.
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www.huppi.com/kangaroo/23More.htm
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"Supply side" economics is now associated with Arthur Laffer and his advice in the late 70's that the highest tax rates should be cut, which would free up private capital and produce economic growth, which then would result in higher tax revenues.
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www.friesian.com/sayslaw.htm
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Supply-side economics became particularly well-known to the general public during the 1980s because of its advocacy by one influential faction of economic policy-makers in the Reagan administration, leading to the use of the term "Reaganomics" to denote many of the ideas of the supply-siders.
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www.auburn.edu/~johnspm/gloss/supply_side.html
www.auburn.edu/~johnspm/gloss/supply_side.html
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The States Move to the Supply Side ... Supply-Side Goes to Harvard ... Paul Krugman Still Befuddled by Supply-Side Success...
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www.cato.org/pubs/pas/pa-261.html
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In my opinion, if you want proof that supply-side economics have completely failed, look to the poor of New Orleans. Their economic situation is so tenuous that one natural disaster, one hurricane, one flood and their lives are completely torn apart.
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www.mydd.com/story/2005/9/3/134035/5281
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