Ideologues of all persuasions think they know how the economy will respond to the Administration's strange mixture of Lafferism and monetarism. Indeed, their self-confidence is so vast, and their ability to rationalize so crafty, that one cannot imagine a scenario for the next few years, that they would regard as falsifying their dogma. The failure of any prediction can always be blamed on quirky political decisions or unforeseen historical events.

"The Laffer Curve", Knotted Doughnuts and other Mathematical Entertainments (1986)