1 definition by Mikey515025
A classic model of the production possibility curve by using the relationship between "guns", or military spending, and "butter", or food supplies, in a nation's expenditures, in order to demonstrate that the increase of one relies on the decrease of the other.
Melvin: Guns are real estate,the stock,artwork stuff that apreciates with value, what's the butter cars clothes jewelry all that other bullshit that don't mean shit after you buy it...Thats what its all about. Guns and butter, baby! You little dumb motherfuckers.
by Mikey515025 July 12, 2011