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

Welcome back to The Majority Report On today's program: Data shows that core inflation rose 3.7% in July, which is higher than anticipated, and spending is down as well. Not good for the Republicans heading into the midterm elections CBS News reports on the Ludwig Institute for Shared ...
It's News Day Tuesday On today's program: The Supreme Court upholds a Trump executive order that restricts mail-in balloting just in time for the midterms. Minnesota Attorney General Keith Ellison joins to discuss the SCOTUS ruling and the lawsuit he filed against Texas Governor Greg ...
Welcome back to The Majority Report On today's program: Senator Chris Van Hollen says that despite his disagreements with the DSA that they are welcome in the Democratic party and calls out any Democrat that is afraid to debate their ideas with the DSA. Lori Wallach, director of the ...