Skip to main content

economies of scale 

When cost of production per unit decreases, as production increases. The good effects of buying in bulk, up to a point.
We benefit from economies of scale at our timber plant.

The Economist Magazine 

A British Magazine founded in 1848. It is a weekly that provides it's readers news of World Politics, recent advances in science, ect. It is set up in 16 parts, The World this Week, Leaders, Letters, Briefing of a major topic, United States, The Americas, Asia, Middle East and Africa, Europe, Britain, International, Business, Finance and Economics, another briefing,science and Technology, Books and Arts, Economic and Financial Indicators, and Obituary. Every once and a while there is also a 14 to 18 page section on a specific topic, and quarterly some articles from a sister magazine, Intelligent Life.
Many Political and Economic leaders read The Economist Magazine.

fuel economist 

One who goes to great lengths to pay as little as possible for gas.
"I get gas whereever I need to; I'm not gonna bend over backwards to save, like, a dollar, cuz I'm no fuel economist"
fuel economist by PositiveZero April 1, 2008

Armchair Economist 

Any person who does not have the intelligence or experience to even begin to understand the world's economies but decides their opinions are what will return the world to a time of prosperity anyway. These people often make no effort to even consider the possibility that people who do this for a living are acting in the best interest of the majority.
I heard some armchair economist say, "if the government gave everyone a new Chevy, that would fix the economy".
Armchair Economist by T_i_m_o March 20, 2009

meme economist 

An individual who studies the value and elasticity of memes in the meme economy
"My friend spends his free time as a meme economist"

economitard 

1) one who subscribes to foolish economic principles such as trickle-down and voodoo economics, pyramids, ponzi schemes, fuzzy math, and similar financial snake-oils.
The economitards fail to see that great wealth for one means great poverty for many.
economitard by ad-92129 September 13, 2011