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The Boston Globe


Uncommon Knoweldge

The blindness of football refs—quantified

And more surprising insights from the social sciences

Spend like the ultra-rich!

The question of whether supply-side or trickle-down economics—that is, giving incentives to wealthy capitalists to spend and invest—really helps the masses has been central to economic policy debates for decades now. But, according to professors in the business school at the University of Chicago, putting more money in the pockets of rich people does affect the masses in one clear way: It spurs them to empty their own pockets.

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