History of economic thought voting procedures; he developed the theory with Eric Maskin (1950–) and Roger Myerson (1951–), sharing the 2007 Nobel Economics Prize with them. In 1974 American economist Arthur Laffer formulated the Laffer Curve, which postulates that no tax revenue will be raised at the extreme tax rates of 0% and 100%, and that there must be at least one rate where tax revenue would be a non-zero maximum. This concept was adopted by U.S. President Ronald Reagan in the early 1980s, becoming the cornerstone of Reaganomics, which was co-founded by American economist Paul Craig Roberts. In 1986 French economist Jean Tirole
Larry Laffer on their list of top "hoes of gaming" and GamesRadar included him among the "13 unluckiest bastards in gaming". In 2013, "Game Informer" called him "one of gaming's more infamous characters, at least among the people who still remember him by name," and "Complex" gave him their "Mr. Thirst" award for the most lustful video game character of all time. Larry made a homage-type cameo appearance in the "" episode "Grand Theft Starship" and was referenced by Charles Stross in "Asimov's Science Fiction". A "lecherous" octopus at the Seattle Aquarium was named after the character. Larry Laffer Larry Laffer is