Skip to main content

economics bachelor 

a woman with an economics major is probably a huge bitch with an anti social personality and is very incapable of love. she is very pretty but very much a horrible person. its not because she can make her own choices, its because shes hurting people with them. they may be the money making machine, but she wont get a boyfriend because with all the money she has earned with whatever business she starts with that bachelor she wont need one
i dont wanna date a woman with an economics bachelor cause i think shes gonna hit me

Economics 101

Also known as ECON101 - A phrase styled after the usual name of an introductory economics module at university or college. It's usually used by libertarians and conservatives to explain away the problems of capitalism, with the implication that their interlocutor "simply doesn't understand basic economics", even though a lot of said basic economics go on to be debunked in Economics 201.
Lib: "The minimum wage was introduced so that every employed person could afford food and rent, but ever since the Reagan administration, wages haven't been following the massive increases in productivity, as well as skyrocketing rent."

Cons: "Bruh, that's dumb - raising wages means people must get fired! Also, rent is increasing because more people want to rent! Supply and demand - it's just Economics 101."

Economics of Science

A metascientific field that examines the economic dimensions of scientific activity—how money flows through research systems, how funding shapes research agendas, how economic incentives influence scientific behavior, and how scientific knowledge generates economic value. The economics of science analyzes funding mechanisms (grants, contracts, institutional support), labor markets (scientists as workers, training pipelines, career structures), intellectual property regimes (patents, licensing, commercialization), and the economic impact of research (innovation, growth, productivity). It also examines how economic forces create inequalities within science—between fields, between institutions, between countries—and how these inequalities shape what gets studied and who gets to study it. The economics of science reveals that science is not just a pursuit of truth but an economic activity, embedded in markets and driven by incentives, and that understanding science requires understanding its economic logic.
Example: "His economics of science analysis showed how the shift to project-based grant funding transformed scientific practice—not just what got studied, but how scientists thought about risk, collaboration, and their own careers. When funding becomes project-based, science becomes project-shaped."

Economics of Facts

A framework that analyzes how facts are produced, distributed, and valued within a market-like system. Facts are not free; they cost money to research, verify, and disseminate. The economics of facts examines who can afford to produce facts, who controls their distribution, and how fact‑checking is funded. It reveals that the “marketplace of ideas” is not level: wealthy actors can flood the zone with falsehoods, while fact‑checkers struggle to keep up. Facts become a scarce resource, unequally distributed.
Example: “The disinformation campaign spent millions; the fact‑checkers worked on a shoestring. The economics of facts meant the lies spread faster than the corrections.”

Market of Facts

The competitive arena where factual claims, data, and evidence vie for attention, credibility, and influence. In the market of facts, not all facts are equal: some are backed by institutions, some by viral appeal, some by political power. The market rewards facts that fit existing narratives, that are easy to communicate, and that serve the interests of those who control distribution channels. It is not a neutral marketplace but a contested terrain shaped by power and money.

Example: “The study that confirmed people’s biases was shared a million times; the nuanced follow‑up that corrected it was ignored. The market of facts had chosen its winner.”

Economics of Truth

A framework that analyzes truth as a resource produced, distributed, and contested within economic systems. Truth costs money to produce (investigations, research, journalism), to verify (fact‑checking, peer review), and to disseminate (publishing, broadcasting). The economics of truth shows that the supply of truth is limited by funding, that demand for truth varies, and that powerful actors can inflate the supply of falsehoods to devalue truth. It explains why lies often travel faster than corrections: the economics favor speed and sensationalism over accuracy.
Example: “The investigative report took six months and cost $50,000; the lie it debunked took five minutes to tweet. The economics of truth was rigged from the start.”

Market of Truth

The competitive arena where truth claims—from journalism, science, politics, and social media—compete for attention, credibility, and influence. In the market of truth, not all truth claims are equally positioned: some have institutional backing, some have algorithmic amplification, some have emotional resonance. The market rewards claims that are simple, repeatable, and aligned with existing beliefs. It is a market that can be manipulated by those who understand its dynamics, and it often produces “truths” that are more profitable than accurate.

Example: “The conspiracy theory had perfect market fit: simple, shocking, and shareable. The complicated truth couldn’t compete. The market of truth had made its choice.”

voodoo economics 

Ronald Alzheimer Reagan's "supply-side economics"
The only recorded instance of a true statement made by a member of the Bush dynasty was in 1980, when George H.W. Bush attacked Reagan's snake-oil economic disaster in the making by calling it "voodoo economics." He later ate those words when he became vice-president, began kissing up to reactionaries, and discovered how lucrative deregulation of the S&L's was to embezzlers like his sons Neil and Jeb.