trickle down economics 

n. The most absurd economic theory that ever existed. It includes giving the rich large sums of money. Accordingly, the wealthy will then hoarde the money into banks and there will therefore, be less money in circulation.

Herbert Hoover used trickle down economics, taking money from the poor and giving it to the wealthy. He is responsible for the Great Depression.

trickle down economics by SpacePope March 4, 2004

Reading the Economist 

Can be used in two ways:

1. Describes a sexual act that could have occurred between two close friends as they share a shower together while one person is supposedly reading the Economist, or

2. Describes the use of a completely non-sensical excuse to explain why a guy and a girl were in the shower at the same time.

"Hey..we knocked on the door for like 15 minutes and no one answered..where were you?"

"In the shower with my friend."

"DOING WHAT?!"

"I was cold, so I decided to sit in the bathroom and absorb the steam, and so I was reading the Economist while I was there."

"..."

Reading the Economist by Neb Nimajney August 24, 2006

Esoteric Economics 

Esoteric economics is a failed school of economic thought that claims wage labor and the traditional business are created by the state. Esoteric economics also argues that the state can be abolish if you just buy Bitcoin and that states are unsustainable. Esoteric economics is heavily influenced by mutualist economics and Austrian economics.

Chicago economist David D. Friedman challenged the founder of the Esoteric school of thought on a livestream and destroyed him using facts and logic to debunk his new school of thought.

Esoteric Economics: “Wage labor and the traditional business model are state creationS and 3D printers will abolish them”

Esoteric Economics: “Just buy Bitcoin and the state will go away”

Esoteric Economics: “State are unsustainable due to the exponential growth curve”

Esoteric Economics by Killing Esoteric Economics December 9, 2019

siege economics 

The economic strategy of lobbing money at a problem until you have reduced it to rubble.

A: So how are we supposed to fix this our economy and national debt?

B: The government decided to go with the strategy of siege economics, and "invest" into our future.

A: But if we spend money isn't that going to just make us more in debt?

B: Uhhh...

siege economics by Senior Mateo February 25, 2009

Harkaesion Economics 

A subset of microeconomics in which the prospect makes little to no money but still knows how to spend it all.

Mike: Yo Moe, you still working in that podunk town at the mega crag?

Moe: Yeah, making minimum wage still. Yo check this newly purchased Buddhist Shrine out. It was only half off if I purchased a new Mazda Civic.

Mike: What's a Mazda Civic?

Moe: Ionno. They said they were gonna send it when I paid off the $30k loan and joined a pyramid scheme.

Mike: That's Harkaesion Economics right there. You got swindled, son.

Moe: Heard that.

Harkaesion Economics by Jefbag May 15, 2012

economist 

one who, starting from a position of over-educated and under-informed logical supposition, commences making erroneous and devastating judgements about the functioning of the world, and then formally codifies their misunderstanding in dogmatic and arrogant absurdity

man, that guy is such an *economist*, i wish he'd just listen to people once in a while!

economist by maoctopus August 7, 2011

London School of Economics 

The best university in the UK

London School of Economics is the best university to study Economics related subjects in the UK.

London School of Economics by Investment Banker February 11, 2007