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
According to Spike Milligan there are running gags about Dr. Frankenstein's sea voyages during which his ship sinks, the monster disappearing mysteriously because he runs at speeds of 100 mph, and notes by an editor (Milligan) making sarcastic remarks about events in the novel. "The Hound of the Baskervilles According to Spike Milligan" is a spoof of "The Hound of the Baskervilles" by Sir Arthur Conan Doyle. The plot is almost the same as the original, the main differences being that the Spike Milligan version is considerably shorter, and there is more humorous content. Written from the viewpoint of Dr. Watson (who is accompanied