Laffer curve costs). Although tax policy is often mentioned in relation to supply-side economics, supply-side economists are concerned with all impediments to the supply of goods and services and not just taxation. In their economics textbook "Principles of Economics" (7th edition), economists Karl E. Case of Wellesley College and Ray Fair of Yale University stated "The Laffer curve shows the relationship between tax rates and tax revenues. Supply-side economists use it to argue that it is possible to generate higher revenues by cutting tax rates, but evidence does not appear to support this. The lower tax rates by the Reagan administration decreased
Keeling Curve Keeling Curve The Keeling Curve is a graph of the accumulation of carbon dioxide in the Earth's atmosphere based on continuous measurements taken at the Mauna Loa Observatory on the island of Hawaii from 1958 to the present day. The curve is named for the scientist Charles David Keeling, who started the monitoring program and supervised it until his death in 2005. Keeling's measurements showed the first significant evidence of rapidly increasing carbon dioxide levels in the atmosphere. According to Dr Naomi Oreskes, Professor of History of Science at Harvard University, the Keeling curve is one of the most important