25 years ago in reason.

• Position: Citings

"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...