Scott Morrison’s tax cuts are based on an American theory of economics trialled in the 1970s. But the evidence since suggests trickle-down economics does not work. Mike Seccombe on why the Coalition perseveres with its reforms.

Background reading:

Reagan "voodoo" at the budget's heart in The Saturday Paper

The Saturday Paper

The Monthly

Guest: National correspondent for The Saturday Paper Mike Seccombe. For more information on today’s episode, visit 7ampodcast.com.au.

See acast.com/privacy for privacy and opt-out information.

See omnystudio.com/listener for privacy information.