Talk:Supply-side economics

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Aggregate Supply Curve[edit]

There is no discussion of whether the AS curve is vertical. And I think that's stereotypical of people who have not studied either supply side or Keynesian economics.

Put GDP on the x-axis and price on the y-axis. Draw a vertical AS curve and a down-curved aggregate demand (AD) curve that levels off.

In this case, the only question that matters IS whether the AS curve is vertical. Because if it is, then the only way to improve GDP is to change aggregate supply. There is no discussion of any of this in the article, and it just amazes me.

Laffer curve[edit]