Why Trickle-Down Economics Works So Well

Supply-side economics, popularly known as ‘trickle-down’ economics, has been the most dominant approach to economic policy in North America (and some other countries) since the 1980s. Despite all economic evidence to the contrary, it is a policy that is still pursued today, to some extent or other, by both conservative and centrist parties in liberal democracies. The primary real-world consequence of these policies is a drastic increase in the economic differences between the rich and poor. The record is not good. Why is the policy so popular?

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If there’s one thing in society we think we deserve, it’s the money we earn , however we earn it. But do we really deserve it?

Whether we earn money as compensation for work, or we earn interest from investments or profits from a company we own, the vast majority of us are agreed that we deserve the money we are paid. We decide we deserve this money regardless of other factors:

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