Catuaba is a small, vigorous growing tree with yellow and orange flowers and small yellow oval-shaped inedible fruit and grows in the rainforests in the northern part of Brazil.
Its use connotes the ideas of economists Robert Mundell and Arthur Laffer. Supply-side economics is likened by critics to the theory of trickle-down economics, which may, however, not actually have been seriously advocated by any economist in that form.upply-side economics developed during the 1970s in response to Keynesian economic policy, and in particular the failure of demand management to stabilize Western economies during the stagflation of the 1970s. It drew on a range of non-Keynesian economic thought, particularly the Chicago School and Neo-Classical School.
Although it is commonly associated with supply-side economics, there is no single comprehensive economic policy identified as trickle-down economics. Any policy can be considered âtrickle-downâ if the following are true: first, a principle mechanism of the policy disproportionately benefits wealthy businesses and/or individuals in the short run.