cover of episode Trump won because trickle-down economics doesn’t work

Trump won because trickle-down economics doesn’t work

2016/11/11
logo of podcast Debunking Economics - the podcast

Debunking Economics - the podcast

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Trump’s unexpected win reflects the dissatisfaction of huge swathes of disenfranchised voters across America. They are upset because they are not seeing their lifestyle improve, yet the rich elite seem to be accumulating the wealth with little or none of it trickling down to the rest of the population. In this episode of The Debunking Economics podcast Steve Keen says money needs to be forced to circulate rather than accumulate. But how do you do that? Phil Dobbie asks Steve whether higher taxes are part of the solution, which would be ironic given the US President elect has done a good job of evading them. Hosted on Acast. See acast.com/privacy) for more information.