Larry Kudlow Affairs, where he studied politics and economics. He left before completing his master's degree. In 1987, Kudlow was hired by Bear Stearns as its chief economist and senior managing director. Kudlow also served as an economic counsel to A. B. Laffer & Associates, the San Diego, California, company owned by Arthur Laffer, a major supply-side economist and promoter of the "Laffer curve", an economic measure of the relationship between tax levels and government revenue. Kudlow was fired from Bear Stearns in the mid-1990s due to his cocaine addiction. He was a member of the board of directors of Empower America,
From each according to his ability, to each according to his needs can be found in the Guilford Covenant in 1639: Some scholars trace the origin of the phrase to the New Testament. In Acts of the Apostles the lifestyle of the community of believers in Jerusalem is described as communal (without individual possession), and uses the phrase ""distribution was made unto every man according as he had need"" (): However, other scholars disagree with this, and claim that the phrase 'from each according to their abilities, to each according to their needs' has a non-religious origin, in 'the Roman legal concept of obligation in solidum' The Roman legal concept of obligation