“Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy—what an older and less elegant generation called the horse-and-sparrow theory: If you feed the horse enough oats, some will pass through to the road for the sparrows.”

— John Kenneth Galbraith

"Recession Economics," New York Review of Books, Volume 29, Number 1 (4 February 1982)

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John Kenneth Galbraith 207

American economist and diplomat 1908–2006

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“If you feed enough oats to the horse, some will pass through to feed the sparrows (referring to "trickle down" economics).”

John Kenneth Galbraith (1908–2006) American economist and diplomat

"Recession Economics," New York Review of Books, Volume 29, Number 1 (4 February 1982)
Context: Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy— what an older and less elegant generation called the horse-and-sparrow theory: If you feed the horse enough oats, some will pass through to the road for the sparrows.

“Global poverty is an "input" on the supply side; the global economic system feeds on cheap labor.”

Michel Chossudovsky (1946) Canadian economist

Source: The Globalization of Poverty and the New World Order - Second Edition - (2003), Chapter 5, The Global Cheap-Labor Economy, p. 69 (See also: Rosa Luxemburg, Karl Marx)

“OATS — A grain which in England is generally given to horses, but in Scotland supports the people.”

Samuel Johnson book A Dictionary of the English Language

A Dictionary of the English Language (1755)

“Some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world. This opinion, which has never been confirmed by the facts, expresses a crude and naïve trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system.”

Pope Francis (1936) 266th Pope of the Catholic Church

Section 54
2010s, 2013, Evangelii Gaudium · The Joy of the Gospel

“I will not pursue trickle-down economics, but will implement bottom-up economics aimed at getting the poor out of poverty into prosperity.”

Peter Mutharika (1940) President of Malawi

After being sworn in to office as president http://www.nyasatimes.com/2014/05/31/so-help-me-god-mutharika-sworn-in-as-malawi-president-chilima-vp/ (May 31 2014)

“The kind of plan that Donald has put forth would be trickle-down economics all over again. In fact, it would be the most extreme version, the biggest tax cuts for the top percent of the people in this country than we've ever had. I call it trumped-up trickle-down, because that's exactly what it would be. That is not how we grow the economy.”

Hillary Clinton (1947) American politician, senator, Secretary of State, First Lady

Presidential campaign (April 12, 2015 – 2016), First presidential debate (September 26, 2016)

“Sparrow: If you'd get a vasectomy, we wouldn't have to go through this every time.
Stuart: But… but you know I want to have a baby eventually.
Sparrow: So make some deposits at a sperm bank first. Then we can inseminate like normal people when we're ready.”

Alison Bechdel book Dykes to Watch Out For

#385, "Just a Rhetorical Question" (2002), collected in Dykes and Sundry Other Carbon-Based Life Forms TWOF (2003).
Dykes to Watch Out For

“An important object of the Journal should be the publication of papers dealing with attempts at statistical verification of the laws of economic theory, and further the publication of papers dealing with the purely abstract problems of quantitative economics, such as problems in the quantitative definition of the fundamental concepts of economics and problems in the theory of economic equilibrium.
The term equilibrium theory is here interpreted as including both the classical equilibrium theory proceeding on the lines of Walras, Pareto, and Marshall, and the more general equilibrium theory which is now beginning to grow out of the classical equilibrium theory, partly through the influence of the modern study of economic statistics. Taken in this broad sense the equilibrium problems include virtually all those fundamental problems of production, circulation, distribution and consumption, which can be made the object of a quantitative study. More precisely: The equilibrium theory in the sense here used is a body of doctrines that treats all these problems from a certain point of view, which is contrasted on one side with the verbal treatment of economic problems and on the other side with the purely empirical-statistical approach to economic problems”

Ragnar Frisch (1895–1973) Norwegian economist

Frisch (1927). as quoted in: Bjerkholt, Olav, and Duo Qin. A Dynamic Approach to Economic Theory: The Yale Lectures of Ragnar Frisch. Routledge, 2010: About "Oekonometrika"
1920

“Once he called upon General McClellan, and the President went over to the General's house — a process which I assure you has been reversed long since — and General McClellan decided he did not want to see the President, and went to bed.
Lincoln's friends criticized him severely for allowing a mere General to treat him that way. And he said, "All I want out of General McClellan is a victory, and if to hold his horse will bring it, I will gladly hold his horse."”

Dwight D. Eisenhower (1890–1969) American general and politician, 34th president of the United States (in office from 1953 to 1961)

"Remarks at the Birthplace of Abraham Lincoln" http://www.eisenhowermemorial.org/speeches/19540423%20Remarks%20at%20the%20Birthplace%20of%20Abraham%20Lincoln.htm, Hodgenville, Kentucky (April 23, 1954). The story originates http://books.google.com/books?id=AsrfAAAAMAAJ&pg=PA128 from F. A. Mitchel, son and aide of General Mitchel.
1950s

“Joh. Mayor, in the first book of his "History of Scotland," contends much for the wholesomeness of oaten bread; it was objected to him, then living at Paris, that his countrymen fed on oats and base grain…. And yet Wecker out of Galen calls it horse-meat, and fitter juments than men to feed on.”

Robert Burton book The Anatomy of Melancholy

Section 2, member 2, subsection 1.
The Anatomy of Melancholy (1621), Part I

“Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy—what an older and less elegant generation called the horse-and-sparrow theory: If you feed the horse enough oats, some will pass through to the road for the sparrows.”

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John Kenneth Galbraith 207

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