Supply-side economics Supply-side economics Supply-side economics is a macroeconomic theory arguing that economic growth can be most effectively created by lowering taxes and decreasing regulation, by which it is directly opposed to demand-side economics. According to supply-side economics, consumers will then benefit from a greater supply of goods and services at lower prices and employment will increase. It was started by economist Robert Mundell during the Ronald Reagan administration. The Laffer curve is one of the main theoretical constructs of supply-side economics, the idea that lower tax rates when tax level is too high will actually boost government revenue because of higher
Notional election results local government wards, and it is the results from local government elections that are the primary source used to calculate notional results at a constituency level. Professors Colin Rallings and Michael Thrasher of Plymouth University have been involved in calculating notional results for general elections since 1992 where periodic boundary changes have taken place. The data compiled from their work has been used by several prominent media companies including television channels for the purposes of comparing one general election result to the last. Notional results have their limitations in that voting patterns may well have been different had new boundaries