Life: b. December 17, 1936
Birthday: December 17
Some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world. This opinion, which has never been confirmed by the facts, expresses a crude and naive trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system.
topic: Justice, People, Growth, Inclusiveness, Economic Growth, Supply Side Economics, Crude, Economic Systems, Economic Equality, Economic Justice, Prevailing, Wielding Power, Free Economy, Free Market Capitalism, Market Economy, Trickle Down, Trickle Down Economics