Arthur Laffer: As Confident as Ever

Arthur Laffer was waiting in the sun outside Terminal A of Reagan National Airport, smiling like the Gipper. It was 10:30 a.m., and he was just in from Nashville. In his briefcase were two papers he was eager to show off. One called minimum-wage laws a crime against black men. The other detailed all the ways liberal economists had been wrong about this economic recovery and Arthur Laffer had been right.