Trickle Down Trickles Up

A scholar marshals evidence to support a tainted theory

When Budget Chief David Stockman was quoted in the Atlantic Monthly last year as saying that President Reagan's policies were a disguised form of "trickle-down" economics, Democrats and many Republicans were outraged. Stockman seemed to be advocating a conservative strategy that had long ago fallen into disrepute: stimulate economic growth by giving tax breaks to the rich and letting benefits trickle down to the poor.

Now Charles Murray, an M.I.T. educated political scientist who has delved into the statistics on poverty, has written an unflinching...

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