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Why trickle down economics is a poor term

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Free minds create free markets. Why trickle down economics is a poor term. The term "trickle down economics" became popular during the terms of President Ronald Reagan, which was also called "supply-side economics". Trickle down alludes to the idea that tax breaks for the rich will cause a cascading effect where the benefits of the tax breaks will trickle down to middle class and poor people. This is an inaccurate description of what happens. A prosperous nation first requires people having the freedom.

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From the Publisher & Editor | JunkScience Sidebar

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All the Junk That's Fit to Discuss. Category Archives: From the Publisher and Editor. Format and location change. October 11, 2011. By popular request JunkScience Sidebar is returning to the main site in a once-daily posting format. Readers wishing to subscribe to JSS can elect to subscribe to the “Daily News and Views” category on JunkScience.com, which will become available on October 12, 2011. From the Publisher and Editor. Blatant plug for Roy Spencer’s new book. July 6, 2011. But the favored treatme...

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Is the Free Market unfair?

http://www.freemarketquestions.org/Is_the_free_market_unfair.htm

Free minds create free markets. Is the Free Market unfair? The claim by critics that the Free Market is unfair refers to the expectation by some people that there should be equal outcomes in a successful economy that it is unfair for some people to have more than others. A prosperous nation first requires people having the freedom. To provide as many desired goods and services to each other as possible.". Page last updated 9/19/2012). Is a service of Fundanomics.org.

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What is the role of Government in the Free Market?

http://www.freemarketquestions.org/What_is_the_role_of_government_in_the_free_market.htm

Free minds create free markets. What is the role of Government in the Free Market? Because the free market is largely self-sufficient, with consumers and producers deciding prices and the kinds of products that will be produced and their quantities, the role of government is largely one of ensuring that the free market participants play fair and providing national infrastructure that everyone needs. When government starts to meddle in the decisions made in the Free Market, efficiency and prosperity are r...

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What do the Poor and the 99 Percent deserve?

http://www.freemarketquestions.org/What_do_the_poor_and_the_99_percent_deserve.htm

Free minds create free markets. What do the Poor and the 99 Percent deserve? There will always be the poor among us: widows, orphans, the physically or mentally handicapped. In a Free Market economy, there is plenty of wealth created to support these people through charitable giving. Rememeber, the total amount of tax. But simply increasing tax. On businesses or on the rich has the opposite effect, by discouraging innovation and the generation of greater prosperity. The government might see a very br...

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Why not give people more money to increase prosperity?

http://www.freemarketquestions.org/Why_not_give_people_more_money_to_increase_prosperity.htm

Free minds create free markets. Why not give people more money to increase prosperity? When the government prints more money, there ends up being more money chasing the same number of goods and services. The result is a rise in prices (inflation), which means that people can buy fewer goods with the same amount of money. Thus, simply increasing the amount of money everyone gets cannot increase prosperity. A prosperous nation first requires people having the freedom. Page last updated 9/19/2012).

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What is the role of money in the Free Market?

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Free minds create free markets. What is the role of money in the Free Market? Money in and of itself has no value; it is simply a convenient medium of exchange of goods and services which often have unequal values. Money allows the baker to buy a car without paying for it with 10,000 loaves of bread, which the car seller doesn t need or want. A prosperous nation first requires people having the freedom. To provide as many desired goods and services to each other as possible.". Page last updated 9/19/2012).

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Is Big Business bad for the economy?

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Free minds create free markets. Is Big Business bad for the economy? The existence of "Big Business" is required to improve efficiency in the manufacturing of products. In order to maximize prosperity for all, mass production is almost always required. It is much more efficient for large farms to grow our food, large automobile manufacturers to make our cars, and the textile industry to make our clothes, than for us to try to do these things ourselves. The total amount of pollution in such an inefficient...

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The role of the rich in a free market economy?

http://www.freemarketquestions.org/The_role_of_the_rich_in_a_free_market_economy.htm

Free minds create free markets. What is the role of the rich in a free market economy? The rich, as a general rule, are those who have been the most successful at providing goods or services which consumers want. Mass production is usually involved, which allows a large number of products to be produced at minimum cost, which then allows consumers to benefit by purchasing products at low cost. A prosperous nation first requires people having the freedom. Page last updated 9/19/2012).

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What is the Free Market?

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Free minds create free markets. What is the Free Market? Wikipedia s definition of the Free Market is ". A market where the price of a good or service is, in theory, determined by supply and demand, rather than being subjugated to governmental regulation. An economy composed entirely of free markets is referred to as a free-market economy. This is in contrast to economies where the government decides what goods and services should be provided, how much of each, and what they should cost. The free market ...