‘Trickle Down Economics’ Nothing More Than Label Used to Smear Capitalism: Economist

‘Trickle Down Economics’ Nothing More Than Label Used to Smear Capitalism: Economist
US dollar notes are photographed in Buenos Aires, on June 23, 2022. Luis Robayo/AFP via Getty Images
Daniel Y. Teng
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The term “trickle-down economics” is nothing more than a label used by opponents of capitalism to disparage free markets, according to economist John Humphreys.

Humphreys, the chief economist at the Australian Taxpayers Alliance, said despite the term being widely used, it was nowhere to be found in economics studies.
Daniel Y. Teng
Daniel Y. Teng
Writer
Daniel Y. Teng is based in Brisbane, Australia. He focuses on national affairs, including federal politics and Australia-China relations. Got a tip? Contact him at [email protected].
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