In addition, Mundell’s research on marginal tax rates and economic growth is often considered the foundation of supply-side economics. The late Wall Street Journal associate editor Jude Wanniski wrote that “Without [Mundell] reviving supply-side classical economics, at a time when the economic universe thought it was dead and buried for good, [Ronald Reagan] would never have had the intellectual support he needed for his bold pledge to cut tax rates in the 1980 campaign.”
Mundell is currently a Professor of Economics at Columbia University in New York. His books include The International Monetary System: Conflict and Reform, Man and Economics, International Economics, Monetary Theory: Interest, Inflation and Growth in the World Economy, The New International Monetary, Monetary Agenda for the World Economy (ed. with Jack Kemp), and The Euro as a Stabilizer in the International Monetary System (ed. with A. Clesse).