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60. Trickle Down Economics
Manage episode 446073711 series 2652504
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This episode is our first group discussion, dissecting one of the most debated topics in the field of economics: Trickle-Down Theory. Trickle-down economics refers to policies that directly benefit the rich by means of tax cuts, deregulation and subsidies, with the belief that these benefits will boost growth and therefore welfare for the entire economy. Originally popularised in the US economy in the 1980s, these theories have backed policymaking throughout the world, including India. How are they implemented? How have they affected geopolitical ideologies? Have they boosted economic welfare? Has that welfare really (wait for it) trickled down? Join Tanya, Prapti, Vanshika, Suryanshi, Gargi, Yashika, Pranjali, Manya, Usheer and Suhaani in this episode to find out!
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