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The Real Trickle-Down Effect: Making "Luxuries" Affordable to Regular People

Audio Mises Wire

Tags Global Economy

07/07/2021Lipton Matthews

The "trickle down" effect is real in how capitalists are motivated to expand affordability of their products and services. Mobile phones and air travel were once just luxuries enjoyed by a select few, but are now widely affordable. 

Original Article: "The Real Trickle-Down Effect: Making "Luxuries" Affordable to Regular People"

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Contact Lipton Matthews

Lipton Matthews is a researcher, business analyst, and contributor to Merion West, The Federalist, American Thinker, Intellectual Takeout, mises.org, and Imaginative Conservative. Visit his YouTube channel, with numerous interviews with a variety of scholars, here. He may be contacted at lo_matthews@yahoo.com or on Twitter (@matthewslipton).

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