Arthur Laffer

Distinguished as "The Father of Supply-Side Economics" for his economic acu­men and influence in triggering a worldwide tax-cutting movement in the 1980s, Arthur Laffer was a member of President Ronald Reagan's Economic Policy Ad­visory Board during both of Reagan's terms. Laffer served as a distinguished professor at the University of Southern California and at Pepperdine University, and was also a member of the board of directors at Pepperdine. Previously, he was a professor at the University of Chicago and a consultant to Treasury Secretary William Simon, Defense Secretary Donald Rumsfeld, and Treasury Secretary George Shultz, under whom he was named the first-ever Chief Economist at the Office of Management and Budget. He received his B.A. from Yale University and his M.B.A. and Ph.D. from Stanford University, all in economics.