American economics departments don't teach Karl Marx or Arthur Laffer for the same reason: their economic theories were wrong ...
Opinion
The Star Press on MSNOpinion
Hicks: The failed theories of Art Laffer and Karl Marx in Indiana
The economic theories of both Karl Marx and Arthur Laffer are largely considered incorrect by mainstream economists. Laffer's theory, known as the Laffer Curve, incorrectly predicted that tax cuts ...
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