Zombie Economics

The living death of ‘Trickle-Down’ ideology.

(Ricardo Santos)

On 13 September 1974, in the aftermath of Watergate, four men met at a restaurant in Washington DC to discuss a new strategy for the Republican Party. One of them was Donald Rumsfeld. Another was Arthur Laffer. Laffer had made a name for himself as chief economist in the Office of Management and Budget and […]

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