The term “trickle-down economics” is nothing more than a label used by opponents of capitalism to disparage free markets, according to economist John Humphreys. Humphreys, the chief economist at the Australian Taxpayers Alliance, said despite the term being widely used, it was nowhere to be found in economics studies. “People who argue for free-market capitalism…

The term “trickle-down economics” is nothing more than a label used by opponents of capitalism to disparage free markets, according to economist John Humphreys. Humphreys, the chief economist at the Australian Taxpayers Alliance, said despite the term being widely used, it was nowhere to be found in economics studies. “People who argue for free-market capitalism…

While the recently concluded Jobs and Skills Summit saw the prime minister announce an increase in Australia’s migration intake and nearly half a million free TAFE training positions, it failed to offer a true long-term productivity solution, according to one economist. “The first, second, and third priority of the Summit was productivity, productivity, and productivity—and…

Economist John Humphreys believes Australia’s assistant competition minister is missing the bigger picture when he blames large business for the country’s slowing economy. Humphreys, the chief economist at the Australian Taxpayers Alliance, said while Labor Minister Andrew Leigh had correctly identified the ongoing problems in the economy, his solution—to push for more Biden-era control over…