trickle-down hypothesis

noun

Etymology

Attributed to humorist Will Rogers.

Definitions

  1. The idea that policies benefiting the wealthy shall ultimately benefit everybody else.

    • The trickle-down hypothesis assumes society is composed of homogenous people with equal chances of participating in the market and finding jobs.

The neighborhood

Vish — recursive loop

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sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA