25 years ago in reason

"Hong Kong is an almost perfect example of the Laffer Curve in action--low tax rates generate high rates of real economic growth, leading to increased revenues which can be used for social welfare while maintaining low tax rates."

--Bruce Bartlett, "Supply-Side Success Stories"

"Advertising salesman Bob Lorsch is advocating the sale of Shuttle advertising space. Lorsch proposes to sell small plaques for $1 million apiece to some 50 companies, each bearing a 'tasteful' message that would be beamed back to earth for 30 seconds during future Shuttle flights."

--Robert Poole Jr. and Christine Dorffi, "Trends"

"Frosty Anderson, the director of the [Audubon Society] Sanctuaries Department ... finds it 'ironic that the new administration has made a big issue of getting the government off our backs, but subsidized agriculture will probably be around for four more years at least, and it's ruining potentially productive land.'"

--John Baden and Richard Stroup, "Saving the Wilderness: A Radical Proposal"

--July 1981

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