David A. Moss > Quotes

“Supply-side economists argue that because lower tax rates allow everyone in the private sector to keep more of what they earn, tax relief provides citizens with strong incentives to work longer hours (thus increasing labor), to save and invest more of their income (thus increasing capital), and to devote more attention to innovation of all kinds (thus increasing efficiency, or TFP).”
― David A. Moss, A Concise Guide to Macroeconomics: What Managers, Executives, and Students Need to Know