trickle-down hypothesis

English

Alternative forms

Etymology

Attributed to humorist Will Rogers.[1]

Noun

trickle-down hypothesis

  1. (economics) The idea that policies benefiting the wealthy shall ultimately benefit everybody else.
    • 2013, Santosh Mehrotra, Enrique Delamonica, Eliminating Human Poverty […] , Zed Books Ltd., →ISBN:
      The trickle-down hypothesis assumes society is composed of homogenous people with equal chances of participating in the market and finding jobs.

See also

References
  1. Jared Keller (2017 June 14) “The IMF Confirms That ‘Trickle-Down’ Economics Is, Indeed, a Joke”, in Pacific Standard‎: “Few people know, however, that the phrase was actually coined by American humorist Will Rogers, who mocked President Herbert Hoover’s Depression-era recovery efforts, saying that “money was all appropriated for the top in the hopes it would trickle down to the needy.””

Further reading
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