Arthur Laffer, known as the father of supply-side economics and a key advisor on tax policy to Gov. Sam Brownback, will give a lecture next month at Kansas University.

Laffer will speak at 5 p.m. Oct. 11 in Woodruff Auditorium in the Kansas Union. His presentation is entitled “The Next Act for Policymakers: A Primer on Economic Reality, Myths and Fallacies.”

His visit is sponsored by the KU School of Business, 1st Global, and the Fred and Mary Koch Foundation. It is free and open to the public.

Laffer is chairman of Laffer Associates and The Laffer Center for Supply-Side Economics. He served as a member of President Ronald Reagan’s economic policy advisory board.

More recently, Brownback hired Laffer for $75,000 to provide advice on tax policy during the last legislative session.

Brownback signed into law massive tax cuts that reduce state personal income taxes and eliminates non-wage income taxes for nearly 200,000 business owners.

Brownback has said the tax cuts will boost the economy, but critics have said the cuts will deprive funding of essential government services and unfairly give wealthy Kansans a tax break.

Laffer received a bachelor’s degree in economics from Yale University in 1963. He received an MBA and a doctorate in economics from Stanford University in 1965 and 1972, respectively.

A news release from the KU School of Business said Laffer’s “economic acumen, achievements and influence in triggering a worldwide tax-cutting movement in the 1980s has earned him the distinction in many publications as `The Father of Supply-Side Economics.’ “