A moral Philosophy that says that all organisms have evolved to survive and reproduce there own kind. To do this they seek out and do what ever is in there best interest at least in the long run. What they do by seeking what gives the mose pleasure or avoids pain. And that with all the things that do this a dollar value can be placed on it. And that all the morals that a person holdes they should hold only because it will help them make and/or save money.There is a movement to reform all morals on this principle called the economic moral determinism movement.
She believes in economic moral determinism.
by The Fury 13 January 14, 2011
a macroeconomic theory that deals with the aggregate supplu curve instead of the aggregate demand curve. It is a patch to original Keynesian economics which were not concerned with aggregate supply.
by MizNiz September 29, 2006
A government ecomomic plan in which taxes are lowered on the wealthy so that they have incentives to do things with the extra money they would have would lead it to 'trickle down' to the middle and lower classes.
For example, the wealthy might use the extra money to expand their businesses or buy more shares in the stock market, thus expanding the economy and providing more jobs for those in the middle and lower classes.
The wealthy might also spend the extra money on more goods and services, thus providing the middle and lower classes with more work.
Probably the most significant stream of money trickling down is from the extra money that the wealthy put in banks. Because there is more money in banks, there is more money for the middle and lower classes to borrow for buying houses and starting and expanding businesses.
Many liberals like to attack trickle down economics as an unfair benefit to the wealthy. Their mistake is that they ignore the idea of the "invisible hand" that is implicitly behind the idea for such an economic policy. Trickle down economics is good because it inevitably leads to more jobs and money for the middle and lower classes and to an expanding economy.
For example, the wealthy might use the extra money to expand their businesses or buy more shares in the stock market, thus expanding the economy and providing more jobs for those in the middle and lower classes.
The wealthy might also spend the extra money on more goods and services, thus providing the middle and lower classes with more work.
Probably the most significant stream of money trickling down is from the extra money that the wealthy put in banks. Because there is more money in banks, there is more money for the middle and lower classes to borrow for buying houses and starting and expanding businesses.
Many liberals like to attack trickle down economics as an unfair benefit to the wealthy. Their mistake is that they ignore the idea of the "invisible hand" that is implicitly behind the idea for such an economic policy. Trickle down economics is good because it inevitably leads to more jobs and money for the middle and lower classes and to an expanding economy.
Liberals should actually take a class in macroeconomics before they start complaining about trickle down economics.
by rustyshackleford December 11, 2007
A whataboutism dog whistle used by racists to disguise their disparaging remarks about black people is often used whenever a black person commits a crime or is being inappropriate in public
by Daprocrastinator April 07, 2023
Walter: Yo jaden do you be feeling like a fire breathing dragon today?
Jaden Smith: Enough! If it's quite alright with you, Walter Hartwell White Sr., I would currently like to discuss The Political And Economic State Of The World right now.
Jaden Smith: Enough! If it's quite alright with you, Walter Hartwell White Sr., I would currently like to discuss The Political And Economic State Of The World right now.
by Qui-Gon Long-Dong April 23, 2022
by haha010101 May 04, 2009
What's that foul-smelling yellow liquid trickling down my neck? Oh shit, more trickle-down economics. Thanks, Australian Liberal Party / Republicans / British Conservative Party / insert fascist right-wing party here.
by Cynical bloke November 04, 2021