Ending trickle down economics

By EMMA DAWSON | 19 July 2018

John Kenneth Galbraith once described trickle-down economics as the theory that “if you feed enough oats to the horse, some will pass through to feed the sparrows”.

In Australia today, as in so many other developed nations where trickle-down economics has been ascendant for the last three decades, the horses have grown very fat, and the sparrows are starving.

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