Why are we still pretending ‘trickle-down’ economics work?

Art Laffer’s career has been heavy on punditry, light in academic rigor, and absolutely destructive for the average American and the long-term health and sustainability of our economy. Photograph: AP Next Wednesday, Donald Trump will award the Presidential Medal of Freedom to the arch-conservative economist Art Laffer. Sadly, Laffer’s career has been heavy on punditry, light in academic rigor, and absolutely destructive for the average American and the long-term health and sustainability of our economy. A number of economists have already dismissed Laffer’s signature supply-side economics theory as pure nonsense. For his…

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