Sunday, August 14, 2016

Trickle-down vs. Middle-out

The term "trickle-down" is more useful in teaching an economic principle than "supply-side" in its ability to encapsulate a message.  So too with "middle-out".  This term is more useful than demand-side in its ability to offer direction.  These terms are simply more useful in describing policy or strategies than supply-side or demand-side in that they suggest a starting point.  It would be useful to those discussing an economic principle, to make the term "middle-out economics" as recognizable as "trickle-down economics". 

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