Economic Uncertainty Principle

Economic uncertainty principle: (noun) The principle stating that it's impossible to predict and measure certain economic variables with complete accuracy, due to the inherent unpredictability and complexity of economic systems.

I can't predict the stock market with certainty, it's the economic uncertainty principle in action

by Phieyl January 16, 2023

Economics

The theoretical study of using made up science to explain everything. Economists typically live on boats.

Do you’ve an explanation on how god turned water into wine?
It’s simple economics, duh

by I'm online as 3 July 29, 2021

economic sunami

This is has come from the recent world recession and started in Asia probably Japan. I heard it first from a Japanese business women, she said it is widely used there.

my business has been hit hard by the economic sunami.

by Bushwakker February 1, 2010

Economic Terrorists

An action by a party that results in the destruction of another party's personal rights or business position or status, or denial of constitutuional rights by means that are designed to assure any one or more of those outcomes is guilty of a felony.

The journalist stated that the owner of the company was guilty of a crime, without proof of that statement , and distributed that information to other media sources which resulted in economic terrorists destroying the business with false news by design.

by Airbornebob February 7, 2017

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."

by obnoxious_leftie July 10, 2022

Economic Transplant

Economic Transplant: are individuals who move out of their hometowns and transplant themselves into the larger economies of bigger cities. This explains why some demographics of the U.S. population are able to become successful in obtaining better jobs in bigger cities or any city or town other than their hometown. These economic transplants usually do better than the local population in obtaining higher salaries.

Johnny moved from his hometown (Rochester, NY) to Charlotte, North Carolina recently and found high-paying job in the local economy. Yeah, Johnny is a economic transplant who moved out of the urban decay of northern inner-cities and expensive coastal cities to find greater economic opportunities than the local Johnnies of Charlotte, North Carolina.

by Afro Gemini October 18, 2019

Sex Economics

The economic theory that describes a man paying for a woman's company in hopes of sex.

A husband who pays for everything his wife desire's with a chance of getting some play.

Friend: My wife and I have a great marriage as long as I make all of the purchases and I get some play!
Duke Jr.: Friend you are the perfect model of one who engages in sex economics.

by Dr.D Fraud May 16, 2019