From: Y Sent: Tuesday, April 10, 2018 5:44 PM To: wblock@loyno.edu Subject: Laffer Curve Hi Professor Block, what is the Austrian Economics position on the laffer curve which is taken to illustrate there exists a taxation rate where revenue is maximized. Some mainstream economists claim the empirical evidence shows that tax rate is 33%. If we take it that only voluntary interactions tend toward pareto optimality from welfare economics is the laffer curve ignoring the utility derived from leisure. What other considerations is the laffer curve ignoring when it comes to taxes. Thanks Dear Y: I don’t know about and … Continue reading Laffer Curve and Austrians