(noun) A pun on Reaganomics, this term refers to any would-be economic policy of preeminent scientist-philosopher Carl Sagan. Although not a politician himself, Dr. Sagan's political leanings were informed by scientific knowledge and were extremely liberal, progressive, and compassionate.
Examples of Saganomic policies include, but are not limited to:
1) Nuclear disarmament
2) Legalization of cannabis
3) Environmental conservation
4) Understanding the cosmos
Person 1: I am baffled that we pour so much money into the machinery of war while NASA's budget is always being cut. I believe our survival as a species depends on how well we understand the cosmos.
Pronunciation: \ˈfagə-ˈtä-mik'elˈmas-tərifikalˌgä-r-ˈfü-ngləˈskit-ˌsȯlefonbonˈfarg-əlˈkākˈīn-ˌstīn/
An over-abundance of a collection of senseless mass.
Dude your room is such a Fagatomicalmasterificalgarfoonganschizlefonbonfarglecakenstein pile.
The study of consumer goods related to faggots. Fagonomics is becoming a larger topic as the number of fags increase and as they flaunt there gayness.
"Jimmy I have an idea to make us rich, I just learned it in my Fagonomics class. Lets go out to San Fransico and sell tight smily face t-shirts to all those professionalbutt dart players!"