Beware ‘Trickle-down theory’ attackers – often uninformed, inaccurate and unfair
How so-called ‘trickle-down theory’, and criticisms of it, are invented and wrongly used to justify tax rate rises and attack market-oriented thinking – some unusual facts and empirical results. People fall for seductive rhetoric so easily. Grabbing the moralism of a partial story without thinking through the whole story, or
