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To: griswold3

Looks like the quote is from this:

http://en.wikipedia.org/wiki/Muqaddimah#Laffer_Curve


12 posted on 11/29/2012 6:43:44 PM PST by stillonaroll
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To: stillonaroll

The Muqaddimah, An Introduction to History, Franz Rosenthal translation, abridged and edited by N.J. Dawood, Bollingen Series, Princeton University Press, 1967, p.230, quoted by Ronald Reagan. ....

“The great Arab historian Ibn Khaldûn clearly anticipated the Laffer Curve. While most of his political enemies regarded Ronald Reagan as an ignorant fool, Reagan actually majored in economics in college and long remembered Ibn Khaldûn’s wisdom. Supply Side economics was nothing new to him.”


17 posted on 11/29/2012 7:40:11 PM PST by griswold3 (Big Government does not tolerate rivals.)
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