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.

Brian's recent book, "Taxes Have Consequences: An Income Tax History of the United States" can be found here!

What’s New?

Pioneer Institute’s Hubwonk 04/23/24: Tax Man Confounded: Why High Rates Haven’t Yielded Higher Revenue

Forbes 04/20/24: The Deindustrialization Myth

Law & Liberty 04/15/24: Slouching Towards Tax Day

Forbes 04/05/24: High Tax Rates Caused Too Much Culture

Forbes 04/01/2024: ‘Shrinkflation’ And Me

Bitcoin Park Podcast 03/20/2024: Free Money w/ Brian Domitrovic and Benton Howser

Law & Liberty 01/26/2024: Why Economists Loathe Tariffs

Law & Liberty 01/16/2024: Economic Renegades Rezoning the World

The Candy Valentino Show 01/15/2024: How the Economy, Interest Rates, and Inflation can Affect You

Forbes 12/30/23: On New Year’s Eve 1974, You Could Own Gold Again

Public Discourse, the Journal of the Witherspoon Institute 12/08/2023: Taxes Have Consequences: An Interview with Arthur B. Laffer and Brian Domitrovic

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”