While some people continue to tout the trickle-down theory
of economics, Pope Francis knows better: othis opinion expresses a crude and naive trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system.o After a friend advised Cox to look to the business section of the New York Times to find out what was going on in the real world, he found that his time studying religion had uniquely prepared him to plumb the mysteries of the economy more than he could have imagined.
Despite anecdotal claims to the contrary, researchers who have examined the impact of the Olympic Games on sport involvement have, for the most part, been unable to find support for the trickle-down theory
. For example, based on a review of the literature examining the consequences of hosting an Olympic Games, Weed, Coren, and Fiore (2009) concluded that, of the small number of empirical studies that have been done, none offer any evidence that an Olympic Games has raised sport participation levels within a host population, although they also note that evidence of "better quality" is required.
Modi's prime objective is to achieve "economic growth that could reach the poor, not by the pernicious limitations of the trickle-down theory
, but by a trickle-up theory, in which swift financial empowerment of the poor is matched by the goods manufactured in India.
Arnhart is namechecked; Smith's "hidden hand" is a precursor to self-organization, "trickle-down theory
" and much else that is contentious in current economics.
This trickle-down theory
of intrapersonal growth underpins Professor Joseph O'Shea's defense of and advocacy for the expanse of extended study abroad programming in Gap Year: How Delaying College Changes People in Ways the World Needs.
-It's the traditional trickle-down theory
that never works.
Remember the trickle-down theory
? The rich perform a public service by getting richer still, because their prosperity would automatically trickle down to the poor.
Never mind the trickle-down theory
. It hasn't even come close to working over 30 years now, but at least the Forbes 400 will remain happy.
Think of that as some sort of a trickle-down theory
The old trickle-down theory
always seemed to trickle up.
The Fed is betting on a narrow variant of the discredited trickle-down theory
of wealth distribution, in which the top 10 percent of households would see their stock portfolios rise and then embark on a frenzy of consumption that would somehow trickle down to the bottom 90 percent who saw little direct impact of rising stocks.
As Warren Buffett told ABC News in November, trickle-down theory
"has not worked the last 10 years, and I hope the American public is catching on." Buffet joined a group, Patriotic Millionaires for Fiscal Strength, which has asked President Obama to bring an end to the Bush tax cuts for the wealthy.