"Dr. Thomas Sowell's "'Trickle Down Theory' and 'Tax Cuts for the Rich'"
has just been published by the Hoover Institution. Having read this
short paper, the conclusion you must reach is that the term "trickle
down theory" is simply a tool of charlatans and political hustlers.
Sowell
states that "no such theory has been found in even the most voluminous
and learned histories of economic theories." That's from a scholar who
has published extensively in the history of economic thought. " [CNS]
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