The term “trickle-down economics” is nothing more than a label used by opponents of capitalism to disparage free markets, according to economist John Humphreys. Humphreys, the chief economist at the Australian Taxpayers Alliance, said despite the term being widely used, it was nowhere to be found in economics studies. “People who argue for free-market capitalism…
‘Trickle Down Economics’ Label Used to Denigrate Capitalism: Economist
October 14, 2022
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‘Trickle Down Economics’ Nothing More Than a Label Used to Smear Capitalism: Economist
October 14, 2022
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AustraliaAustralian Taxpayers AllianceBusiness & Marketseconomic policieseconomyInternationalJohn Humphreystrickle downUSUS NewsWorld
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The term “trickle-down economics” is nothing more than a label used by opponents of capitalism to disparage free markets, according to economist John Humphreys. Humphreys, the chief economist at the Australian Taxpayers Alliance, said despite the term being widely used, it was nowhere to be found in economics studies. “People who argue for free-market capitalism…
Productivity Solutions Missing From Recent Jobs Summit: Economist
September 5, 2022
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While the recently concluded Jobs and Skills Summit saw the prime minister announce an increase in Australia’s migration intake and nearly half a million free TAFE training positions, it failed to offer a true long-term productivity solution, according to one economist. “The first, second, and third priority of the Summit was productivity, productivity, and productivity—and…
‘Upside-Down’: Adopting Biden Policy on Big Business Not the Answer for Australia
August 29, 2022
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Economist John Humphreys believes Australia’s assistant competition minister is missing the bigger picture when he blames large business for the country’s slowing economy. Humphreys, the chief economist at the Australian Taxpayers Alliance, said while Labor Minister Andrew Leigh had correctly identified the ongoing problems in the economy, his solution—to push for more Biden-era control over…
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