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> Most economists no longer believe that these kinds of situations are automatically self-correcting through "trickle-down economics", in which just getting out
by jayjay71 10y ago
> Most economists no longer believe that these kinds of situations are automatically self-correcting through "trickle-down economics", in which just getting out of the way of wealth-creation at the top inevitably lifts all boats.
I'm not trying to be argumentative, but did many economists ever take this idea seriously? I always thought trickle-down economics was just political rhetoric.