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WIST Quotations has moved!

A quotation from Galbraith, John Kenneth:

«
Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy — what an older and less elegant generation called the horse-and-sparrow theory: If you feed the horse enough oats, some will pass through to the road for the sparrows.
»

Full quote, sourcing, notes:
wist.info/galbraith-john-kenne

WIST"Recession Economics," New York Review of Books (4 Feb 1982) - Galbraith, John Kenneth | WIST QuotationsMr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy -- what an older and less elegant generation called the horse-and-sparrow theory: If you feed the horse enough oats, some will pass through to the road for the sparrows.