Alan Reynolds (economist)

Alan Anthony Reynolds, (born in1942), is an American economist and author.[1][2] Since 1972, his research and writings on economic theory, history and policy have had a substantial impact on the discussion and implementation of growth-oriented tax, trade, energy, regulatory and monetary policies in the U.S. and abroad.[3]

He is known for persuading Wall Street Journal editors Jude Wanniski and Robert Bartley to adopt the phrase “supply-side economics” in April 1976, and for his own writing about the importance of low marginal tax rates on added income to incentivize work effort, investment and entrepreneurial risk.[4]

Reynolds served as an economic advisor to Ronald Reagan’s 1980 campaign and as member of his Inflation Task Force. In January 1981, he was one of the first members of President Reagan’s OMB transition team with Larry Kudlow and Alan Greenspan.[5]

He has been a senior fellow at the Cato Institute since 2000 and with The American Institute for Economic Research since 2020.[6][7]

Bibliography

Books

  • Microsoft Antitrust Appeal (Hudson Institute, 2001)
  • After Enron: Lessons for Public Policy (Chapter 3, "Political Responses to the Enron Scandal," and Chapter 17, "Compensation, Journalism, and Taxes")
  • Income and Wealth (Greenwood Press, 2006) ISBN 0313336881

Articles and other contributions

  • "What Do We Know About the Great Crash?", National Review (Sept 9, 1979)[8]
  • "National Prosperity is No Mystery", Orbis (Spring 1996)[9]
  • "Capital Gains Tax: Analysis of Reform Options for Australia", Australian Stock Exchange (July 1999)[10]
  • "Monetary Policy by Trial and Error," in The Supply-Side Revolution 20 Years Later, Joint Economic Committee, U.S. Congress (March 2000)[11]
  • "What Really Happened in 1981?", The Independent Journal (Fall 2000)[12] (with Paul Craig Roberts)
  • "The Conventional Hypothesis: Deficit Estimates, Savings Rates, Twin Deficits and Yield Curves", U.S. Treasury (2004)[13]
  • "The Top 1% of What?", The Wall Street Journal (December 15, 2006)[14]
  • "Income Inequality Claims Ring Hollow When Correctly Examined", Budget and Tax News (May 2007) [15]

References

  1. ^ Reynolds, Alan (2015-03-03). "Alan Reynolds: The Mumbo-Jumbo of 'Middle-Class Economics'". Wall Street Journal. ISSN 0099-9660. Retrieved 2025-10-29.
  2. ^ Domitrovic, Brian (Fall 2008). "A Time for Action: William F. Buckley, National Review, and the Defeat of Stagflation". home.isi.org/. Intercollegiate Studies Institute. Archived from the original on 2018-02-10. Retrieved 2018-02-09.
  3. ^ Bahnsen, David L. "Alan Reynolds discusses monetary policy and avoidable recessions on the Capital Record". Cato Institute. Retrieved 2025-10-29.
  4. ^ "The Balance Sheet Of Supply Side Economics". Hoover Institution. Retrieved 2025-10-29.
  5. ^ Reynolds, Alan (1984-11-01). "Another Chance for Reaganomics?". Reason.com. Retrieved 2025-10-29.
  6. ^ "Alan Reynolds | AIER". 2023-05-28. Retrieved 2025-10-29.
  7. ^ "OECD societies in transition: The future of work and leisure" (PDF). Archived from the original (PDF) on 2007-12-02. Retrieved 2007-12-02.
  8. ^ "What Do We Know About The Great Crash? – by Alan Reynolds". Heartland.org. Archived from the original on 2007-09-29. Retrieved 2011-02-21.
  9. ^ [1]
  10. ^ Reynolds, Alan. "Capital Gains Tax: Analysis of Reform Options for Australia" (PDF). www.asx.com. Archived from the original (PDF) on 2005-07-18. Retrieved 2005-07-18.
  11. ^ "The Supply-Side Revolution: 20 years later" (PDF). Archived from the original (PDF) on 2007-09-27. Retrieved 2007-06-28.
  12. ^ "What Really Happened in 1981: The Independent Review: The Independent Institute". Independent.org. Retrieved 2011-02-21.
  13. ^ Reynolds, Alan. "The "Conventional" Hypothesis: Deficit Estimates, Savings Rates, Twin Deficits and Yield Curves" (PDF). www.treas.gov. Archived from the original (PDF) on August 6, 2009. Retrieved October 19, 2010.
  14. ^ "Opinion & Commentary – Wall Street Journal – Wsj.com". Opinionjournal.com. Retrieved 2011-02-21.
  15. ^ "'Income Inequality' Claims Ring Hollow When Correctly Examined – by Alan Reynolds – Budget & Tax News". Heartland.org. 2007-01-14. Archived from the original on 2007-09-29. Retrieved 2011-02-21.
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