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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Supply-side economics is a school of macroeconomic thought that argues that economic growth can be most effectively created using incentives for people to produce (supply) goods and services, such as adjusting income tax and capital gains tax rates, and by allowing greater flexibility by reducing regulation. Consumers will then benefit from a greater supply of goods and services at lower prices. The term supply-side economics was coined by journalist Jude Wanniski in…mehr

Produktbeschreibung
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Supply-side economics is a school of macroeconomic thought that argues that economic growth can be most effectively created using incentives for people to produce (supply) goods and services, such as adjusting income tax and capital gains tax rates, and by allowing greater flexibility by reducing regulation. Consumers will then benefit from a greater supply of goods and services at lower prices. The term supply-side economics was coined by journalist Jude Wanniski in 1975, (According to Robert D. Atkinson''s ''Supply-Side Follies''(2006) the term ''supply side'' (''supply-side fiscalists'') was first used by Herbert Stein a former economic adviser to President Nixon, in 1976, and only later that year was this term repeated by Jude Wanniski) and popularized the ideas of economists Robert Mundell and Arthur Laffer.