Stephen Moore (economist)

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Stephen Moore
Stephen Moore by David Shankbone.jpg
Stephen Moore, September 2006
Born (1960-02-16) February 16, 1960 (age 54)
Chicago, Illinois
Nationality American
Occupation Economic analyst
Known for Club for Growth, Wall Street Journal

Stephen Moore (born February 16, 1960) is an American economic writer and policy analyst, who founded and served as president of the Club for Growth from 1999 to 2004. He is a former member of the Wall Street Journal editorial board. In 2014 the Heritage Foundation announced that Moore would become its chief economist. Moore is known for advocating free-market policies and supply-side economics.[1]

Education[edit]

Moore grew up in New Trier Township, Illinois. He attended Saints Faith Hope & Charity School in Winnetka and graduated from New Trier High School in 1978.[2] He received a B.A. from the University of Illinois at Urbana-Champaign and an M.A. from George Mason University in economics.[3]

Career[edit]

From 1983 through 1987, Moore served as the Grover M. Hermann Fellow in Budgetary Affairs at the Heritage Foundation. In 1987, Moore was research director of President Reagan’s Privatization Commission.[4] Moore spent ten years as a fellow of the Cato Institute, a libertarian think tank.[5][6] Moore was the senior economist of the U.S. Congress Joint Economic Committee under Chairman Dick Armey of Texas, where Moore "was instrumental in creating the FairTax proposal.[5]

Moore founded the Club for Growth in 1999. Moore was ousted by the group's board in December 2004, and subsequently announced his resignation.[7] After his ouster from the Club for Growth, Moore founded the 501(c)(4) Free Enterprise Fund with other former Club for Growth members including Arthur Laffer and Mallory Factor.[7] In 2005, Moore left the Free Enterprise Fund to serve on the editorial board of the Wall Street Journal.[6] Moore is a partner in the econometrics firm Arduin, Laffer & Moore Econometrics.[8] On January 21, 2014, the Heritage Foundation announced that Moore would rejoin the think tank as chief economist.[9] Moore is a contributing editor for National Review.[8]

Media appearances and writing[edit]

In a February 2, 2011 appearance on HBO's Real Time with Bill Maher, Moore stated "I say the Reagan tax cuts were the greatest economic policy of the last 50 years" and added "the lowest income people had the biggest gains" during the 1980s. Politifact.com found Moore's assertion to be false.[10]

In a May 26, 2011 Wall Street Journal opinion piece entitled "A 62% Top Tax Rate?", Moore wrote "In the late 1980s, the U.S. was nearly the lowest-taxed nation in the world, and a quarter century later we're nearly the highest." Politifact.com found the phrase "a quarter century later we're nearly the highest" to be mostly false.[11][12]

In a 2014 Kansas City Star opinion piece entitled "What's the matter with Paul Krugman?" Moore responded to Krugman's opinion piece entitled "Charlatans, Cranks and Kansas."[13][14] In his piece, Moore claimed that job creation had been superior in low-taxation states during the five years following the recession ending June 2009. After substantial factual errors were uncovered in Moore's opinion piece, the Kansas City Star indicated that it would no longer print Moore's work.[15][16]

Personal life[edit]

Moore has three sons.[17][18]

Bibliography[edit]

  • It's Getting Better All the Time: 100 Greatest Trends of the Last 100 Years with Julian L. Simon (Cato Institute, 2000) ISBN 1-882577-97-3
  • Bullish On Bush: How George Bush's Ownership Society Will Make America Stronger (Madison Books, 2004) ISBN 1-56833-261-0
  • The End of Prosperity with Arthur B. Laffer and Peter Tanous (Threshold Editions, 2008) ISBN 1-4165-9238-5
  • Still an Open Door? U.S. Immigration Policy and the American Economy (American University Press, 1994)
  • Privatization: A Strategy for Taming the Deficit (The Heritage Foundation, 1988)
  • He is also the editor of Restoring the Dream: What House Republicans Plan to Do Now to Strengthen the Family, Balance the Budget, and Replace Welfare (Times Mirror, 1995).

Additional writings[edit]

References[edit]

  1. ^ Lawler, Joseph (2014-01-21). "Wall Street Journal's Stephen Moore joins Heritage Foundation as chief economist". Washington Examiner. Retrieved 13 August 2014. 
  2. ^ Henry, Alan (8/5/2011). "NT alum Stephen Moore lets thoughts fly at Wall Street Journal". Winnetanka Current. Retrieved 13 August 2014. 
  3. ^ "Stephen Moore". Heritage Foundation. Retrieved 13 August 2014. 
  4. ^ "Stephen Moore". Johns Hopkins University. Retrieved 13 August 2014. 
  5. ^ a b Nowrasteh, Alex (2014-01-24). "Does Stephen Moore's Appointment Indicate A Thaw In Heritage's Stance On Immigration Reform?". Forbes. Retrieved 13 August 2014. 
  6. ^ a b Milbank, Dana (2005-08-31). "Brothers in Arms, But Sisters at Odds". Washington Post. Retrieved 13 August 2014. 
  7. ^ a b Kirkpatrick, David (7/8/2005). "Leadership Dispute Causes a Split in a Powerhouse of Fund-Raising for Conservative Causes". New York Times. Retrieved 13 August 2014. 
  8. ^ a b "Stephen J. Moore". Independent Institute. Retrieved 13 August 2014. 
  9. ^ Bluey, Rob. "WSJ’s Stephen Moore to Join Heritage as Chief Economist". The Foundry. Retrieved 21 January 2014. 
  10. ^ "'Wall Street Journal's' Steve Moore claims low income people saw the biggest gains during the 1980s". Politifact.com. 2011-2-2. Retrieved 13 August 2014. 
  11. ^ Moore, Stephen (2011-05-26). "A 62% Top Tax Rate?". Wall Street Journal. Retrieved 13 August 2014. 
  12. ^ "Wall Street Journal's Steve Moore says U.S. taxes were lower than rivals' in 1980s but are higher now". Politifact.com. 2011-05-26. Retrieved 13 August 2014. 
  13. ^ Moore, Stephen (2014-07-07). "Stephen Moore: What’s the matter with Paul Krugman? Give Kansas tax breaks time to work". Wall Street Journal. Retrieved 13 August 2014. 
  14. ^ Krugman, Paul (2014-06-29). "Charlatans, Cranks and Kansas". New York Times. Retrieved 13 August 2014. 
  15. ^ Lee, Deron (July 31, 2014). "Why one editor won’t run any more op-eds by the Heritage Foundation’s top economist". Columbia Journalism Review. 
  16. ^ Hiltzik, Michael (8/5/2014). "A newspaper fact-checks its own right-wing op-ed; hilarity ensues". Los Angeles Times. Retrieved 13 August 2014. 
  17. ^ http://old.nationalreview.com/moore/moore200412280937.asp.  Missing or empty |title= (help)
  18. ^ http://www.nndb.com/people/742/000062556/
Other offices
Preceded by
Organization Founded
President of the Club for Growth
1999–2004
Succeeded by
Pat Toomey