Mises Wire
Author:
Roy Cordato
Online Publish Date:
In the media and among pundits use of the term trickledown economics is common. Reportedly first used in the 1930s by Will Rogers, the expression was prominently adopted as a pejorative description of what is more appropriately called supply side economics, by those who opposed Ronald Reagan’s 1981 tax cuts. The implication of the term, when used