American economist Dr. Arthur Laffer joins VerifyMe board of directors

VerifyMe announced the appointment of American economist Dr. Arthur Laffer to its Board of Directors. He is expected to provide the biometric multi-factor authentication company with business strategy and operations advice and capital markets expertise.

Laffer first gained prominence during the Reagan administration as a member of Reagan’s Economic Policy Advisory Board from 1981 to 1989. He is the author and co-author of many books and newspaper articles, including Return to Prosperity: How America Can Regain its Economic Superpower Status, co-authored with Stephen Moore, An Inquiry into the Nature and Causes of the Wealth of States, co-authored with Stephen Moore, Rex A. Sinquefield and Travis H. Brown and Trumponomics: Inside the America First Plan to Revive Our Economy with Stephen Moore. Laffer serves on the “Board of Scholars” of the American Legislative Exchange Council (ALEC).

Laffer was one of four economists who acted as advisers to Donald Trump’s 2016 presidential campaign and is the founder and chairman of Laffer Associates, an institutional economic research and consulting firm, as well as Laffer Investments, an institutional investment management firm in Nashville, TN. He received a B.A. in economics from Yale University in 1963 and an MBA and a Ph.D. in economics from Stanford University in 1965 and 1972, respectively.

“I am pleased to join the VerifyMe Board at this time, as the company is at an exciting inflection point, says Dr. Laffer. “Its technology is superior and addresses a massive void in the market of security and authentication. I look forward to assisting Patrick and his team in delivering their technology solutions to the market and creating a formidable company.”

“We welcome Dr. Laffer to our Board and look forward to his advice and guidance,” added VerifyMe CEO Patrick White. “We look forward to working closely with he and his team and being part of their network of relationships. His vast experience and connections would be a valuable asset to VerifyMe, as we seek to accelerate our business growth and capital markets strategy.”

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