 One common charge against neoliberalism is its false promise of “trickle-down” benefits of economic growth to the poor from the rich (Quiggin 2012). Strictly speaking, trickle-down economics is not a genuine school of economic thought, nor would Hayek, Friedman, or Buchanan have accepted that description of their views. They did argue that all would benefit from the prosperity brought about through the free market, but this was not necessarily because the rich would benefit first. Hayek (1960 [2011]) argued that there is a kind of trickle-down effect for the prices of goods and services, where luxuries for the rich become commonalities for the poor because manufacturers figure out how to lower prices to broaden market penetration over time. And indeed, it is standard in mainstream economics to hold that as businesses accumulate capital, they can afford to pay their workers more and so can bid workers away from other companies. That process often involves increasing wages, so more capital in the hands of the rich can lead to higher wages for the poor through fairly ordinary causal channels. All the same, many neoliberal officials promised gains for the poor that did not often materialize.