by AlreadyDead June 20, 2007
Get the Barney-mugging mug.one who dwells in the margins of society, often neglected and not well understood by the majority; sometimes speaks with prophetic insight to those from whom he or she is alienated; in anthropology, sub-cultures that survive outside of majority social norms (for example, forest dwellers)
"In contrast to the interpretations of Western commentators, the “margin-dweller” of Upanishadic criticism, Grinshpon argues that the metaphysical philosophy of the Upanishads cannot be reduced to “contents” and studied without consideration of the lives and experiences (or contexts) of Upanishadic characters if we want to understand the full import of early Indian religious literature."
by accismus January 24, 2010
Get the margin-dweller mug.when a girl with very fat legs puts on a pair of Ugg boots, creating a muffin top effect around her cankle area
"Yo, Brett, check out that girls muggin tops"
"Dude, gross, I can barely stand to look at Uggs to begin with, let alone all of that leg fat pouring out of them."
"Dude, gross, I can barely stand to look at Uggs to begin with, let alone all of that leg fat pouring out of them."
by smclife March 9, 2011
Get the muggin top mug.by Cresse September 11, 2005
Get the mugging up mug.by Dan Glenn February 20, 2008
Get the Mugging Down mug.'What are you doing?', 'Just mungin' on some bread'
by Aussie Slang Pro September 17, 2012
Get the Mungin' mug.*noun*; in Keynesian economics, the rate at which aggregate consumption rises in response to a rise in national income.
For example, suppose the marginal propensity to consume (MPC) is 0.95. If the national income is 100 billion dollars, and it rises 10%, then consumption will rise by 9.5 billion, and saving will rise by 0.5 billion.
If this theory is correct, then an expanding economy will suffer insufficient demand for its own output, and a recession will be inevitable.
This is why national governments respond to recessions with deficit spending: they are trying to counteract the MPC's effect on aggregate demand, and bring it in line with potential output.
For example, suppose the marginal propensity to consume (MPC) is 0.95. If the national income is 100 billion dollars, and it rises 10%, then consumption will rise by 9.5 billion, and saving will rise by 0.5 billion.
If this theory is correct, then an expanding economy will suffer insufficient demand for its own output, and a recession will be inevitable.
This is why national governments respond to recessions with deficit spending: they are trying to counteract the MPC's effect on aggregate demand, and bring it in line with potential output.
Not only is the marginal propensity to consume weaker in a wealthy community, but, owing to its accumulation of capital being already larger, the opportunities for further investment are less attractive...
J.M. Keynes, *The General Theory of Employment, Interest, and Money* (1936), Ch.3
J.M. Keynes, *The General Theory of Employment, Interest, and Money* (1936), Ch.3
by Abu Yahya March 3, 2009
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