Arthur Laffer is best know for a curve that illustrates a theoretical relationship between what?
Arthur Laffer Arthur Betz Laffer ( ; born August 14, 1940) is an American economist who first gained prominence during the Reagan administration as a member of Reagan's Economic Policy Advisory Board (1981–89). Laffer is best known for the Laffer curve, an illustration of the theory that there exists some tax rate between 0% and 100% that will result in maximum tax revenue for governments. He is the author and co-author of many books and newspaper articles, including "Supply Side Economics: Financial Decision-Making for the 80s". Laffer is Policy Co-Chairman (with Lawrence "Larry" Kudlow) of the Free Enterprise Fund and serves on the "Board of Scholars" of the American Legislative Exchange Council (ALEC). Mr Laffer was one of four economists who acted as advisors to Donald Trump's successful 2016 campaign for the presidency of the United States.
Faber–Jackson relation The Faber–Jackson relation is an early empirical power-law relation between the luminosity formula_1 and the central stellar velocity dispersion formula_2 of elliptical galaxies, first noted by the astronomers Sandra M. Faber and Robert Earl Jackson in 1976. The original relation can be expressed mathematically as: