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Arthur B. Laffer, Ph.D. is the founder and chairman of Laffer Associates, an economic research and consulting firm. A member of President Reagan's Economic Policy Advisory Board for both of his two terms, he invented the Laffer Curve and triggered a world-wide tax-cutting movement in the 1980s. Dr. Laffer received a B.A. in economics from Yale University and received a MBA and Ph.D. in economics from Stanford University.