“A Rising Tide Raises All Boats”

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

Although a nautical metaphor, it is much beloved by economists of a certain persuasion to argue that an overall lift in economic prosperity benefits everyone. John F. Kennedy used it often to justify various policy proposals. Kennedy was a president with many fine qualities, but expertise in economics was not one of them.
Original languageEnglish
Title of host publicationEconomic ideas you should forget
EditorsBruno S. Frey, David Iselin
Place of PublicationCham, Switzerland
PublisherSpringer, Springer Nature
Pages149-150
Number of pages2
ISBN (Electronic)9783319474588
ISBN (Print)9783319474571
DOIs
Publication statusPublished - 2017

Fingerprint Dive into the research topics of '“A Rising Tide Raises All Boats”'. Together they form a unique fingerprint.

  • Cite this

    Throsby, D. (2017). “A Rising Tide Raises All Boats”. In B. S. Frey, & D. Iselin (Eds.), Economic ideas you should forget (pp. 149-150). Cham, Switzerland: Springer, Springer Nature. https://doi.org/10.1007/978-3-319-47458-8_64