A market for babies that will get people nowhere in life, unless you comp (steal users limited items)
by WheatThinns January 3, 2021
Get the Roblox economy mug.A tax system that does not induce business reinvestment to expand the labor force creating cash flow and a larger taxable base thereby lessening available public investment dollars in municipal, state or Federal Government infrastructure.
As higher taxable income earners are able to keep more of their money in their banks or offshore and not reinvesting in their own nation which would expand cash flow and the taxable base, less money is available for municipalities, states and the Federal Government to fill potholes, repair schools and hospitals, fund environmental clean-up, hire more teachers and nurses, improve our electric grid and other infrastructure.
As higher taxable income earners are able to keep more of their money in their banks or offshore and not reinvesting in their own nation which would expand cash flow and the taxable base, less money is available for municipalities, states and the Federal Government to fill potholes, repair schools and hospitals, fund environmental clean-up, hire more teachers and nurses, improve our electric grid and other infrastructure.
Potholes in city streets, rusting bridges, cracked highway pavement, under funded Super Fund sites, massive teacher lay-offs, nursing lay-offs, public park closings, under funded emergency services are all examples of Crumble Down Economics.
by Clem Gamble December 7, 2011
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A horrible shithole in an International Discord Model UN server where actually braindead stupid people try to debate either about why Communism is the ideal world order or why Genocide and War Crimes are acceptable.
Doctor: "Hey, how did you get testicular cancer?"
IDMUN Member: "I debate in #politics-and-economics"
IDMUN Member: "I debate in #politics-and-economics"
by vsy October 5, 2020
Get the #politics-and-economics mug.A phenomenon plaguing white, working class Americans that makes them concerned about their finances and also really racist.
by SugarNoodles June 3, 2018
Get the Economic Anxiety mug.A school of economics advocating free markets. It was founded by Austrians who were called Austrians as a pejorative by Germans, who considered themselves more civilized because of their modern, socialist state (via Bismark). Later, the Austrian economists left Austria, some not before the civilized Germans took over Austria (via Hitler). They came to America, and were still called Austrians, Probably because of their funny mustaches and names.
Austrian Economists include Mises, Hayek, and Rothbard. Say those with a straight face.
Not to be confused with Chicago School economists Knight, Friedman, and Sowell. These names are more sober.
Arch enemies inside academia and out include Keynesians, politicians, and corporatists. Doing the right thing tends to put these people out of a job.
The economic theory warrants the end of the Fed and a return to sound money. A general lack of government intervention, which would allow individuals to make their own choices and organize from the bottom-up. Austrian Econ entails everything the motivational speakers at your high school say (individualism, making choices for yourself, making sure to choose good friends), but applied everywhere. How could both groups be wrong?
Austrian Economists include Mises, Hayek, and Rothbard. Say those with a straight face.
Not to be confused with Chicago School economists Knight, Friedman, and Sowell. These names are more sober.
Arch enemies inside academia and out include Keynesians, politicians, and corporatists. Doing the right thing tends to put these people out of a job.
The economic theory warrants the end of the Fed and a return to sound money. A general lack of government intervention, which would allow individuals to make their own choices and organize from the bottom-up. Austrian Econ entails everything the motivational speakers at your high school say (individualism, making choices for yourself, making sure to choose good friends), but applied everywhere. How could both groups be wrong?
"Krugman has a bad case of apoplithorismosphobia."
"Well Bernanke is the one who won't stop debasing the dollar."
"If only they understood Austrian Economics. Then they would appreciate time preference and the history of failure for all fiat currencies."
"Well Bernanke is the one who won't stop debasing the dollar."
"If only they understood Austrian Economics. Then they would appreciate time preference and the history of failure for all fiat currencies."
by CAPSLOCKE November 20, 2013
Get the Austrian Economics mug.Defines the gap between regular economics and the actualy economics of society. The coutries finacial definitions are defined by the governments assumption on what the "AVERAGE" family does, however bling economics describes the fact that the modern families want more than the average family.
For instance the average family according to the govt shops for nescafe and the mordern person want starbucks.
THEREFORE, pricing things according to the govts rate of inflation as oposed to bling economics rate of inflation leads many of the population taking pay cuts.
For instance the average family according to the govt shops for nescafe and the mordern person want starbucks.
THEREFORE, pricing things according to the govts rate of inflation as oposed to bling economics rate of inflation leads many of the population taking pay cuts.
Govt: The current rate of inflation is 2.5%
bling economics: The rate of inflation for consumerist economy is 10%
bling economics: The rate of inflation for consumerist economy is 10%
by Harsh MC July 11, 2007
Get the Bling Economics mug.Production of goods and services is not planned by individuals,rather production is determined by the interaction of supply and demand forces.
by Prem Suthar July 13, 2006
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