The trickle-down theory of economics has it that it's good for rich people to get even richer because some of their wealth will trickle own, through their no doubt lavish spending, upon those who stand below them on the economic ladder. Notice that the metaphor is not that of a gushing waterfall but of a leaking tap: even the most optimistic endorsers of this concept do not picture very much real flow, as their language reveals.


Payback: Debt and the Shadow Side of Wealth (ed. Bloomsbury Publishing, 2012) - ISBN: 9781408837320

Margaret Atwood Quotes

The trickle-down theory of economics has it that it's good for rich people to get even richer because some of their wealth will trickle own, through...

The trickle-down theory of economics has it that it's good for rich people to get even richer because some of their wealth will trickle own, through...

The trickle-down theory of economics has it that it's good for rich people to get even richer because some of their wealth will trickle own, through...

The trickle-down theory of economics has it that it's good for rich people to get even richer because some of their wealth will trickle own, through...