This site explores the historical sources of supply-side economics and the relevance and legacy of this movement in economic thought and policy in the twenty-first century. Supply-side economics refers to the “policy mix” of tax-rate cuts and a dollar stable against gold, specifically as adopted by President Ronald Reagan in the 1980s to address stagflation. “Global monetarism” was the term used to describe the movement in its early years, before journalist Jude Wanniski coined “supply-side economics” in 1977. Economist Marina von Neumann Whitman conceived of “global monetarism” in a now classic article of 1975.
The manager of this site is Brian Domitrovic. Across it are links to Brian’s books, articles, and media appearances on supply-side economics past and present.
NEW RELEASE!
Brian's recent book, “Free Money: Bitcoin and the American Monetary Tradition” can be found here!
What’s New?
Forbes 09/06/2025: Home Affordability And The Monetary System
Forbes 09/01/2025: JFK Would Have Staved Off Bitcoin
Forbes 08/30/2025: Gold To FDR: “What For You Bury Me In The Cold, Cold Ground?”
More Money 08/23/2025: podcast with Stephen Moore
Forbes 08/17/2025: Bitcoin Is Coming For The Housing Crisis
Forbes 08/08/2025: Obama’s Flirtation With Supply-Side Economics
Forbes 07/18/2025: Marina Von Neumann Whitman, Namer Of The Supply-Side Revolution
Forbes 07/13/2025: Banking Panics In The Past—That Was The Government
Forbes 07/06/2025: Monetary Innovation And The Blockchain Can Solve Our Debt Crisis
Forbes 07/01/2025: Monetary Innovation May Make The Stock Market Irrelevant
Rendezvous with History (Podcast by the Ronald Reagan Institute) 06/22/2025: Reaganomics Unveiled: The Economic Revolution
Free Online Course!
Click here for the free online course, “Supply-Side Economics and American Prosperity with Art Laffer” featuring Brian with Dr. Laffer and others via Hillsdale College online courses. Click on the video link to the right to view the trailer.
What is “Shrinkflation”?
In his 2009 book Econoclasts: The Rebels Who Sparked the Supply-Side Revolution and Restored American Prosperity, Brian Domitrovic uses shrinkflation to contrast with stagflation (which is persistent inflation combined with stagnant consumer demand and relatively high unemployment). He writes, "Following World War II, the United States traded depression for an acute period of stagflation. Actually, it was 'shrinkflation,' in that the economy was contracting as prices surged." - Excerpted from Merriam-Webster “Words We’re Watching”
Read more about Brian’s coining of the term in this Forbes article.