Nick Hanauer, Elites & Failure of Trickle-Down Economics

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.

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10 Responses to Nick Hanauer, Elites & Failure of Trickle-Down Economics

  1. HolyCity2012 says:

    If you ever wondered what warming ocean currents look like, in real time… http://www.abcnews4.com/story/15246423/live-doppler-radar

  2. As usual, it’s annoying to find that most of Hayes’ critics have no forking clue about what he actually said.

  3. Christopher Hayes ‏@chrislhayes

    @theharryshearer conscience. I wouldn’t put my name to words I didn’t mean.

    Harry Shearer ‏@theharryshearer

    @chrislhayes Understood. But what I meant was, did you decide to apologize or was it decided for you?

    Christopher Hayes ‏@chrislhayes

    @theharryshearer i decided.

  4. This is sad! Is there nothing that can be done to stop this in Florida? It’s worse than 2000 and 2004! Katharine Harris!

    ThinkProgress ‏@thinkprogress

    Letter Florida sent to 91-yr-old WWII vet, informing him he’s ineligible to vote: “You are not a US citizen” http://thkpr.gs/Jyw7Rg #shameful

  5. John Salmond says:

    Hayes went some way to belling the cat; you went a lot further; further yet needed. BUT THANKS, SAM FOR AGAIN TELLING IT MUCH CLOSER TO LIKE IT IS THAN 99.9PC OF THE MEDIA. Thank god, or whoever, for Sam!!!

  6. John Salmond says:

    Sam: just heard your comments on Mac vs Windows. I reckon that if you think about it, Windows’ success is a perfect demonstration of the failure of capitalism

  7. mary ann ford says:

    Nick Hanauer still does not come up on the TED website. “They” are afraid, very afraid. What a simply brilliant way to explain exactly what is happening to our economy.

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