Arduin, Laffer & Moore Econometrics
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Arduin, Laffer & Moore Econometrics (ALME) is an economic consulting firm led by Donna Arduin, Arthur Laffer, and Stephen Moore. Their experience includes public policy, economics, and corporate planners.
Donna Arduin served as California Governor Arnold Schwarzenegger's Director of Finance from November 2003 until October 2004, in which she was the Governor's chief fiscal advisor and was a member of over 70 boards and authorities. Before her appointment as director, Schwarzenegger asked Arduin to undertake an outside, independent audit of California government and state finances. Arduin had earlier served governors from three other states:Florida, New York, and Michigan. Arduin was Governor Jeb Bush's Director of the Florida Office of Policy and Budget for five years, in which she managed the formulation of the governor's policy and fiscal recommendations, created the nation's first interactive "e-budget" and implemented performance-based budgeting and long-range planning. A graduate of Duke University, Arduin graduated magna cum laude with honors in economics and public policy. She worked as an analyst in New York and Tokyo in the private financial markets for Morgan Stanley and Long-Term Credit Bank of Japan.
Arthur Laffer is a supply side economist who became influential during the Reagan administration as a member of Reagan's Economic Policy Advisory Board (1981-1989). Laffer is best known for the Laffer curve, a curve illustrating tax elasticity which asserts that in certain situations, a decrease in tax rates could result in an increase in tax revenues. Although he does not claim to have invented this concept (Laffer 2004), it was popularized with policymakers following an afternoon meeting with Dick Cheney, in which he reportedly sketched the curve on a napkin to illustrate his argument (Wanninski 2005). Laffer received a BA in economics from Yale University in 1963. He graduated from Stanford University with an MBA in 1965 and a PhD in economics in 1971. He has six children. His followers include Lawrence Kudlow, the co-host of Kudlow & Co. on CNBC; and Donald Luskin, author of the blog The Conspiracy to Keep You Poor and Stupid.
Stephen Moore is an economist and policy analyst who founded and served as president of the Club for Growth from 1999 to 2004. He is currently a member of the Wall Street Journal editorial board and frequently opines on the pages of their Op-Ed section. He is also a contributing editor for National Review. He holds a BA from the University of Illinois and an MA from George Mason University in economics. Moore usually advocates views in favor of free market policies and supply-side economics such as those promoted by the Free Enterprise Fund, which he founded. From 1983 to 1987, Moore served as the Grover M. Hermann Fellow in Budgetary Affairs at the Heritage Foundation. Moore also was a fellow of the Cato Institute, a libertarian think tank. Moore was the senior economist of the U.S. Congress Joint Economic Committee under Chairman Dick Armey of Texas. There, he was also an architect of Armey's flat tax proposal in 1995. The Armey Flat Tax still serves as a model for ideal flat tax legislation. He was also part of the research team hired by Americans For Fair Taxation to create the FairTax, the most cosponsored tax reform proposal in the US Congress.