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 Fun Day Monday on The Majority Report On today's program: At a town hall event in Caro, Michigan a GOP plant funded by Bobby Jindal asks Abdul El-Sayed if he disavows the Muslim Brotherhood. El-Sayed expertly dismantles the implications of such a "question". Kim Phillips-Fein, ...
It's Casual Friday on The Majority Report On today's program: Jasper Nathaniel joins from the West Bank to recount the horrible attack unleashed on Palestinians and members of the press during an olive harvest yesterday. Jasper himself escorted a 65-year-old Washington Post contributor, ...
It's an Emmajority Report Thursday on The Majority Report On today's program: Senator Chris Murphy (D-CT) is campaigning with Angie Nixon in Florida, and both join Kasie Hunt on CNN to discuss her campaign. David Moore, journalist and co-founder of Sludge, joins for a conversation ...