Supply-side economics is a macroeconomic theory that postulates economic growth can be most effectively fostered by lowering taxes, decreasing regulation, and allowing free trade. According to supply-side economics, consumers will benefit from greater supplies of goods and services at lower prices, and employment will increase. Supply-side fiscal policies are designed to increase aggregate supply, as opposed to aggregate demand, thereby expanding output and employment while lowering prices. Such policies are of several general varieties:
- Investments in human capital, such as education, healthcare, and encouraging the transfer of technologies and business processes, to improve productivity. Encouraging globalized free trade via containerization is a major recent example.
- Tax reduction, to provide incentives to work, invest and take risks. Lowering income tax rates and eliminating or lowering tariffs are examples of such policies.
- Investments in new capital equipment and research and development (R&D), to further improve productivity. Allowing businesses to depreciate capital equipment more rapidly gives them an immediate financial incentive to invest in such equipment.
- Reduction in government regulations, to encourage business formation and expansion.
Arthur Betz Laffer is an American economist and author who first gained prominence during the Reagan administration as a member of Reagan's Economic Policy Advisory Board (1981–1989). 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 government. In certain circumstances, this would allow governments to cut taxes, and simultaneously increase revenue and economic growth.
John Calvin Batchelor is an American author and the host of Eye on the World on the CBS Audio Network. His flagship station is New York's 710 WOR. The show is a hard-news-analysis radio program on current events, world history, global politics and natural sciences.
James Joseph Cramer is an American television personality, author, entertainer, and former hedge fund manager. He is the host of Mad Money on CNBC, and an anchor on Squawk on the Street. After graduating from Harvard College and Harvard Law School, he worked for Goldman Sachs and then became a hedge fund manager, founder, and senior partner of Cramer Berkowitz. He co-founded TheStreet, which he wrote for from 1996 to 2021. Cramer hosted Kudlow & Cramer from 2002 to 2005. Mad Money with Jim Cramer first aired on CNBC in 2005. Cramer has written several books, including Confessions of a Street Addict (2002), Jim Cramer's Real Money: Sane Investing in an Insane World (2005), Jim Cramer's Mad Money: Watch TV, Get Rich (2006), and Jim Cramer's Get Rich Carefully (2013).
Mad Money is an American finance television program hosted by Jim Cramer that began airing on CNBC on March 14, 2005. Its main focus is investment and speculation, particularly in public company stocks.
Bullseye is a news and analysis program that aired on CNBC at 6 pm ET weekdays from December 8, 2003 to March 11, 2005. Hosted by Dylan Ratigan, it covered breaking news stories from business to pop culture and offered guidance on personal finance with the help of CNBC reporter Steve Liesman and his economy charts drawn on "Easels". The program had music selected by a CNBC intern called Grecco.
The Call is an American television business news program which aired on CNBC between 11 am to 12 noon ET weekdays from August 2007 to October 2011. Previous programs shown in the same time slot were The Money Wheel with Ted David and Martha MacCallum and Market Watch and Morning Call. The Call offered a clear focus on real-time market coverage at the heart of the trading day.
Economics U$A is a telecourse series covering the subjects of microeconomics and macroeconomics. The original series debuted in 1985 and has been updated several times since then. The series was produced by the Educational Film Center in Annandale, Virginia, with funding from the Annenberg-CPB Project and broadcast on PBS and educational stations.
Stephen Moore is an American conservative writer and television commentator on economic issues. He co-founded and served as president of the Club for Growth from 1999 to 2004. Moore is a former member of the Wall Street Journal editorial board. He worked at The Heritage Foundation from 1983 to 1987 and again since 2014. Moore advised Herman Cain's 2012 presidential campaign and Donald Trump's 2016 presidential campaign.
Squawk on the Street, which debuted on December 19, 2005, is a business show on CNBC that follows the first 90 minutes of trading on Wall Street in the United States.
Fast Money is an American financial stock trading talk show that began airing on the CNBC cable/satellite TV channel on June 21, 2006. Beginning October 10, 2007, it was broadcast every weeknight at 5pm ET, one hour after the close of trading on the New York Stock Exchange, until mid-2011 when it was moved to just four nights per week, Monday through Thursday, to make room for special option and currency trading shows on Friday evenings. On March 22, 2013, it returned to the Friday night slot as a half-hour show, followed by the Options Action half-hour show. The show originates from the NASDAQ MarketSite in New York City.
Morning Joe is an American morning news talk show, airing weekdays from 6:00 a.m. to 10:00 a.m. Eastern Time on the cable news channel MSNBC. It features former Republican Congressman Joe Scarborough reporting and discussing the news of the day in a panel format with co-hosts Mika Brzezinski and Willie Geist, along with recurring and special guests.
Morning Call is an American TV business program that aired on CNBC, from 10AM to 12 noon ET weekdays. The show premiered as Midday Call on February 4, 2002, offered a clear focus on real-time market coverage at the heart of the trading day. Previous programs shown in the same time slot were The Money Wheel with Ted David and Martha MacCallum and Market Watch. The program last aired August 8, 2007.
Lawrence Alan Kudlow is an American conservative broadcast news personality, columnist, and political commentator. He is a financial news commentator for Fox Business and served as the Director of the National Economic Council during the Trump Administration from 2018 to 2021. He assumed that role after his previous employment as a CNBC television financial news host.
Townhall is an American conservative website, print magazine and radio news service. Previously published by The Heritage Foundation, it is now owned and operated by Salem Communications. The website features more than 80 columns by a variety of writers and commentators. The website also publishes news articles from the Associated Press.
On March 12, 2009, television personality Jim Cramer appeared as a guest on The Daily Show with Jon Stewart. The host of CNBC's Mad Money, Cramer appeared in response to host Jon Stewart's highly publicized week-long criticism of CNBC. The exchange began with a scathing piece on CNBC's miscalculations regarding the financial crisis of 2007–2008 in response to CNBC commentator Rick Santelli, who had recently said on the floor of the Chicago Board of Trade that homeowners facing foreclosure were "losers". Santelli had been set to appear on the show, but CNBC canceled Santelli's appearance. Stewart, along with Daily Show executives, claimed the CNBC montage was not retaliatory and that they planned to show it before the cancellation was announced.
Mary Elizabeth Kissel is former Senior Advisor to U.S. Secretary of State Mike Pompeo. Previously, she was a member of TheWall Street Journal editorial board in New York City, and editorial page editor of The Wall Street Journal Asia, based in Hong Kong. She is currently Executive Vice President and Senior Policy Advisor at Stephens Inc.
Robert Vincent Stefanowski is an American businessman and politician.
