Supply Side Economics: Old Truths and New Claims

13 Pages Posted: 3 Feb 2001

See all articles by Martin S. Feldstein

Martin S. Feldstein

National Bureau of Economic Research (NBER) (deceased); Harvard University (deceased)

Date Written: 1986

Abstract

This paper, prepared for the annual meetings of the American Economic Association, examines the claims that were made at the beginning of the decade by the "new" supply-siders and contrasts their views with the traditional supply-side economics that has been a prominent part of economics since Adam Smith. The analysis gives particular attention to the pace of recovery and growth and to the revenue effects of the 1981 tax cut.

Suggested Citation

Feldstein, Martin S., Supply Side Economics: Old Truths and New Claims (1986). NBER Working Paper No. w1792, Available at SSRN: https://ssrn.com/abstract=258502

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