Nick Hanauer, Elites & Failure of Trickle-Down Economics

May 29, 2012

On the heels of his TED talk controversy, venture capitalist, entrepreneur and author Nick Hanauer (@NickHanauer) discusses the failed thinking behind trickle down economics, why traditional models of economic measurement don’t work and why his message won’t win him popularity among elites.  His New Patriot Network was founded with Eric Liu and their latest book is The Gardens of Democracy: A New American Story of Citizenship, the Economy, and the Role of Government.  Click thru for links and updates.  Use this post as today’s thread.

Past Episodes

It's News Day Tuesday on The Majority Report On today's program: Stephen Miller joins Sean Hannity for a red scare pearl clutching session over the DSA's gains within the Democratic party this year. Ilan Pappe, professor of history at the University of Exeter and director of the ...
Welcome back to The Majority Report On today's program: For the last three years until his death Lindsey Graham was the subject of a documentary and some of the footage has been released to the Wall Street Journal. The footage shows Graham celebrating the start of the war on Iran like ...
It's a very casual Friday today on The Majority Report On today's program: Rep. Alexandria Ocasio-Cortez says she is not worried about this supposed "slippery slope" from socialism to communism, citing how we can't even get Congress to raise the minimum wage. Laura Ingraham lusts for ...