For the Pleasure of Being Deceived :: by Wilfred Hahn

Back in the 1930s, the humorist Will Rogers coined the term “Trickle Down Theory.” He meant to ridicule the idea of spreading aid and support to the top tier of society, on the expectation that it would eventually “trickle” down to the broader population. John Kenneth Galbraith, perhaps the best known economist of the post-World […]