Thoughts that keep me awake at night
Feb. 4th, 2009 05:39 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
Supply-side economics includes the notion that money trickles down from the rich to everyone else. Has anyone ever done a study to see if this is actually the case? I'm thinking a retrospective study of what the rich do with their money and following where it goes from there (surveys should be sufficient for at least a first-order approximation). It's basic science: a theory gives you testable hypotheses which you need to test in order to demonstrate the validity of (at least portions of) the theory. Did anyone do the research?