During the years 1972-1977, Dr. Laffer was a consultant to Secretaries of the Treasury George Shultz and William Simon and Chief of Staff and Secretary of Defense Donald Rumsfeld. He was the first to hold the title of Chief Economist at the Office of Management and Budget under Mr. Shultz from October 1970 to July 1972. Dr. Laffer was a member of President Reagan’s Economic Policy Advisory Board for both of his two terms (1981-1989). He was a member of the Executive Committee of the Reagan/Bush Finance Committee in 1984 and was a founding member of the Reagan Executive Advisory Committee for the presidential race of 1980.

He also advised Prime Minister Margaret Thatcher on fiscal policy in the U.K. during the 1980s. Dr. Laffer was formerly the Distinguished University Professor at Pepperdine University and a member of the Pepperdine Board of Directors. He also held the status as the Charles B. Thornton Professor of Business Economics at the University of Southern California from 1976-1984.

He has received numerous awards and recognition for his economic work, including: two Graham and Dodd Awards from the Financial Analysts Federation for outstanding feature articles published in the Financial Analysts Journal; the Distinguished Service Award by the National Association Investment Clubs; the Adam Smith Award for his insights and contributions to the Wealth of Nations; and the Daniel Webster Award for public speaking by the International Platform Association.

Dr. Laffer received a BA in economics from Yale University in 1963. He received an MBA and a PhD in economics from Stanford University in 1965 and 1972, respectively. Dr. Laffer currently lives in Nashville, Tennessee where he is the founder and chairman of Laffer Associates, an institutional economic research and consulting firm. He was also founder and chairman of Laffer Investments, an institutional investment management firm utilizing diverse investment strategies that was a predecessor to Laffer Tengler Investments.