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<blockquote data-quote="BrownArmy" data-source="post: 3203034" data-attributes="member: 18225">From your post:&quot;Sowell states that &quot;no such theory has been found in even the most voluminous and learned histories of economic theories.&quot; That&#039;s from a scholar who has published extensively in the history of economic thought. Several years ago, Sowell, in his syndicated column, challenged anyone to name an economist from any economic school of thought who had actually advocated a &quot;trickle down&quot; theory. To date, no one has quoted any economist who ever advocated such a theory. Trickle down is a nonexistent theory. Those who use it simply argue against a caricature rather than confront an argument actually made.&quot;&quot;Despite the facts that Sowell has marshaled, they will continue to use trickle down theory and &quot;tax cuts for the rich&quot; demagoguery, even though they now have hard evidence to the contrary, because they can count on widespread gullibility and inability to do critical thinking...&quot;Maybe you&#039;re the one who didn&#039;t read it.</blockquote>

[QUOTE="BrownArmy, post: 3203034, member: 18225"] [U]From your post:[/U] "Sowell states that "no such theory has been found in even the most voluminous and learned histories of economic theories." That's from a scholar who has published extensively in the history of economic thought. Several years ago, Sowell, in his syndicated column, challenged anyone to name an economist from any economic school of thought who had actually advocated a "trickle down" theory. To date, no one has quoted any economist who ever advocated such a theory. [B]Trickle down is a nonexistent theory[/B]. Those who use it simply argue against a caricature rather than confront an argument actually made." "Despite the facts that Sowell has marshaled, [B]they will continue to use trickle down theory and "tax cuts for the rich" demagoguery, even though they now have hard evidence to the contrary,[/B] because they can count on widespread gullibility and inability to do critical thinking..." [B]Maybe you're the one who didn't read it.[/B] [/QUOTE]

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