supply-side economics

occupation / innovator as

economist

journalist

nationality

American

cause of death

natural causes

is the idea that a reduction in marginal income and capital gains tax rates would encourage investment.

This led the supply-siders to advocate large reductions in marginal income and capital gains tax rates to encourage allocation of assets to investment, which would produce more supply. Jude Wanniski and many others advocate a zero capital gains rate. The increased aggregate supply would result in increased aggregate demand, hence the term 'Supply-Side Economics'.

Jude WanniskiThinkers

Jude Wanniski