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|There is No Such Thing as Trickle-Down Economics
Posted by William Dwyer on 9/26, 10:58am
We've all heard the so-called "trickle-down" dimunition of capitalism trotted out by liberal-statists. Here is a superb refutation of it by Steven Horwitz, which follows Thomas Sowell's excellent "'Trickle Down' Theory and 'Tax Cuts for the Rich'," which can be found here: http://www.tsowell.com/images/Hoover%20Proof.pdf.