Reaganomics ( /reɪɡəˈnɒmɪks/; a portmanteau of Reagan and economics attributed to Paul Harvey) refers to the economic policies promoted by the U.S. President Ronald Reagan during the 1980s. These policies are commonly associated with supply-side economics, or pejoratively as trickle-down economics or voodoo economics.

The four pillars of Reagan's economic policy were to reduce the growth of government spending, reduce income tax and capital gains tax, reduce government regulation of economy, and control money supply to reduce inflation.

Prior to the Reagan administration, the United States economy experienced a decade of rising unemployment and inflation, (known as stagflation). Political pressure favored stimulus resulting in an expansion of the money supply. President Richard Nixon's wage and price controls were abandoned. The federal oil reserves were created to ease any future short term shocks. President Jimmy Carter started phasing out price controls on petroleum, while he created the Department of Energy. Much of the credit for the resolution of the stagflation is given to two causes: a three year contraction of the money supply by the Federal Reserve Board under Paul Volcker, initiated in the last year of Carter's presidency, and long term easing of supply and pricing in oil during the 1980s oil glut.

Mark Reed Levin (born September 21, 1957) is a lawyer, author and the host of American syndicated radio show The Mark Levin Show. Levin served in the administration of President Ronald Reagan and was a chief of staff for Attorney General Edwin Meese. He is president of the Landmark Legal Foundation, has authored bestselling books and contributes commentary to various media outlets such as National Review Online.

Mark Reed Levin was born to a Jewish family in Philadelphia, Pennsylvania and grew up in Cheltenham Township, Montgomery County, Pennsylvania. He graduated from Cheltenham High School after three years. After high school, Levin enrolled at Temple University Ambler including summer classes and graduated in 1977 at age 19, magna cum laude and Phi Beta Kappa. He also earned a juris doctorate from Temple University Beasley School of Law in 1980.

Beginning in 1981, Levin served as advisor to several members of President Ronald Reagan's cabinet, eventually becoming Associate Director of Presidential Personnel and ultimately Chief of Staff to Attorney General Edwin Meese; Levin also served as Deputy Assistant Secretary for Elementary and Secondary Education at the U.S. Department of Education, and Deputy Solicitor of the U.S. Department of the Interior.

Ronald Wilson Reagan ( /ˈrɒnəld ˈwɪlsən ˈreɪɡən/; February 6, 1911 – June 5, 2004) was the 40th President of the United States, serving from 1981 to 1989. Prior to that, he was the 33rd Governor of California from 1967 to 1975 and a radio, film and television actor.

Born in Tampico, Illinois and raised in Dixon, Reagan was educated at Eureka College, earning a Bachelor of Arts degree in economics and sociology. After his graduation, Reagan moved first to Iowa to work as a radio broadcaster and then in to Los Angeles in 1937 where he began a career as an actor, first in films and later television. Some of his most notable films include Knute Rockne, All American, Kings Row, and Bedtime for Bonzo. Reagan served as president of the Screen Actors Guild, and later as a spokesman for General Electric (GE); his start in politics occurred during his work for GE. Originally a member of the Democratic Party, his positions began shifting rightward in the late 1950s, and he switched to the Republican Party in 1962. After delivering a rousing speech in support of Barry Goldwater's presidential candidacy in 1964, he was persuaded to seek the California governorship, winning two years later and again in 1970. He was defeated in his run for the Republican presidential nomination in 1968 as well as 1976, but won both the nomination and general election in 1980, defeating incumbent Jimmy Carter.

Edward Regan "Eddie" Murphy (born April 3, 1961) is an American stand-up comedian, actor, writer, singer, director, and musician.

Box office takes from Murphy's films make him the second-highest grossing actor in the United States. He was a regular cast member on Saturday Night Live from 1980 to 1984 and has worked as a stand-up comedian. He was ranked #10 on Comedy Central's list of the 100 Greatest Stand-ups of All Time.

He has received Golden Globe Award nominations for his performances in 48 Hrs, Beverly Hills Cop series, Trading Places, and The Nutty Professor. In 2007, he won the Golden Globe for Best Supporting Actor and received a nomination for the Academy Award for Best Supporting Actor for his portrayal of soul singer James "Thunder" Early in Dreamgirls.

Eddie Murphy's work as a voice actor includes Thurgood Stubbs in The PJs, Donkey in the Shrek series and the dragon Mushu in Disney's Mulan. In some of his films, he plays multiple roles in addition to his main character, intended as a tribute to one of his idols Peter Sellers, who played multiple roles in Dr. Strangelove and elsewhere. Murphy has played multiple roles in Coming to America, Wes Craven's Vampire In Brooklyn, the Nutty Professor films (where he played the title role in two incarnations, plus his father, brother, mother, and grandmother), Bowfinger, Norbit, and Meet Dave.

Craig Shirley (born September 24, 1956) is an American author and conservative public affairs consultant. He is best-known as the author of two critically praised bestselling books on U.S. President Ronald Reagan, Rendezvous with Destiny: Ronald Reagan and the Campaign that Changed America and Reagan's Revolution: The Untold Story of the Campaign That Started It All. His third book, December 1941: 31 Days that Changed America and Saved the World, is a New York Times bestselling book, making the first of multiple appearances on the list in December, 2011.

He is now working on three more books on Reagan.

Shirley, a Reagan biographer and historian, is also the president and CEO of Shirley & Banister Public Affairs, a public relations and government affairs firm in Alexandria, Virginia. In 1984, Shirley founded Craig Shirley & Associates, a public relations and advertising consultancy. In 1987, Shirley and David Keene formed Keene, Shirley & Associates. In 1992, Shirley re-opened Craig Shirley & Associates, which, in 2000, became Shirley & Banister Public Affairs.