People can also change the timing of when they earn and receive their income in response to government policies.
Arthur Laffer
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And let the Fed sell bonds to bring bank reserves back down to required reserve levels, so we have restraint on bank lending and bank issuances of liability.
- Arthur Laffer -
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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.
- Arthur Laffer -