trickle-down hypothesis

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See also: trickle down hypothesis

English

Alternative forms

Etymology

Attributed to humorist Will Rogers.[1]

Noun

trickle-down hypothesis

  1. (economics) The idea that policies benefiting the wealthy shall ultimately benefit everybody else.
    • 2013, Santosh Mehrotra, Enrique Delamonica, Eliminating Human Poverty , Zed Books Ltd., →ISBN:
      The trickle-down hypothesis assumes society is composed of homogenous people with equal chances of participating in the market and finding jobs.

See also

References

  1. ^ Jared Keller (2017 June 14) “The IMF Confirms That ‘Trickle-Down’ Economics Is, Indeed, a Joke”, in Pacific Standard‎: “Few people know, however, that the phrase was actually coined by American humorist Will Rogers, who mocked President Herbert Hoover’s Depression-era recovery efforts, saying that “money was all appropriated for the top in the hopes it would trickle down to the needy.””

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