Economic freedom is extraordinarily important. It’s the freedom to do with your resources what you believe you should do. My dream has always been to… - Arthur Laffer

The trade deficit is the capital surplus and don't ever think of having a capital surplus as being a bad thing for our country.

The minimum wage is the black teenage unemployment act. It is the guaranteed way of holding the poor, the minorities and the disenfranchised out of the mainstream is if you price their original services too high.

While discussing President Ford's ‘WIN’ (Whip Inflation Now) proposal for tax increases, I supposedly grabbed my napkin and a pen and sketched a curve on the napkin illustrating the trade-off between tax rates and tax revenues. Wanniski named the trade-off ‘The Laffer Curve.’