The Laffer Curve. In the 1970s the young economist ArthurLaffer proposed a wild idea.
拉夫尔曲线定律上世纪70年代,年轻的经济学家亚瑟·拉夫尔提出了这一创造性的定律。
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ArthurLaffer, inventor of the famous curve, reckons that one of the most important determinants of whether a state does well or badly is not just the overall level of taxes but their structure too.