Trickle-Down Economics Explained – Niemietz Answers

What is trickle-down economics and does it even work? Is it possible to stimulate growth by letting the rich get richer? What can Pablo Escobar teach us about trickle-down economics?

Trickle-down economics has been on the news a lot lately but not many people know what it actually is. In this latest IEA YouTube series, the IEA’s Head of Political Economy, Dr Kristian Niemietz, helps explain trickle-down economics and takes a deep dive into Google’s most pressing economic questions.