“TRICKLE DOWN” ECONOMICS

What it is – How it Works

By Staff Reporters

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DEFINITION: Trickle-down economics is a colloquial term for supply-side economic policies. In recent history, the term has been used by critics of supply-side economic policies, such as “Reaganomics”. Whereas general supply-side theory favors lowering taxes overall, trickle-down theory more specifically advocates for a lower tax burden on the upper end of the economic spectrum. Empirical evidence shows that the proposition is regressive and has never managed to achieve all of its stated goals as described by the Reagan administration.

CITE: https://www.r2library.com/Resource/Title/082610254

SAY’S LAW: In classical economics, Say’s law, or the law of markets, is the claim that the production of a product creates demand for another product by providing something of value which can be exchanged for that other product. Thus, production is the source of demand

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Trickle-up And Trickle-down Economics - The Financial Pandora

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PODCAST: https://www.bing.com/videos/search?q=what+is+trickle+down+economics%3f&&view=detail&mid=EEBE43A22EFCD31576BDEEBE43A22EFCD31576BD&&FORM=VRDGAR&ru=%2Fvideos%2Fsearch%3Fq%3Dwhat%2Bis%2Btrickle%2Bdown%2Beconomics%253f%26FORM%3DHDRSC3

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CITE: https://www.r2library.com/Resource/Title/0826102549

About the Laffer Curve

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