Economics is a social science, that is concerned with meeting 'unlimited demands with only scarce resources'. Economics relies on the assumption that everyone wants more and more money, goods and services = we are all a bunch of greedy mo' fo's. Hence the concept is accurate, and will continue to be taught in colleges everwhere for years to come. Noteable masters include the venerable Daddy G, of Peterborough fame.
A: how much are these bananas?
B: £2
A: Fine, I buy them off that illegal immigrant for £1.50
Hence the laws of Supply and Demand are and the concept of economics is satisfied.
B: £2
A: Fine, I buy them off that illegal immigrant for £1.50
Hence the laws of Supply and Demand are and the concept of economics is satisfied.
by Whittlesey Warrior May 30, 2006
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The worst and most absolutely illogical form of world capitalism. Holds that if you give money to people who are already rich, it will be invested and slowly "trickle down" to the hands of those who need the money. Doesn't ever work, and has no logic at all. Practiced by rightards and Republicunts. Was responsible for the economic disaster that was the Great Depression.
The worst and most absolutely illogical form of world capitalism. Holds that if you give money to people who are already rich, it will be invested and slowly "trickle down" to the hands of those who need the money. Doesn't ever work, and has no logic at all. Practiced by rightards and Republicunts. Was responsible for the economic disaster that was the Great Depression.
If you conservative dumbshits want the commies to come back, then just keep practicing those trickle-down economics...
by Lenin's Bastard Son March 30, 2004
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1. how changes in suffering increase demand for self hate.
2. a system of commerce based on unrequited affection.
2. a system of commerce based on unrequited affection.
by adam_smith_ February 28, 2009
Get the emonomics mug.n. The most absurd economic theory that ever existed. It includes giving the rich large sums of money. Accordingly, the wealthy will then hoarde the money into banks and there will therefore, be less money in circulation.
Herbert Hoover used trickle down economics, taking money from the poor and giving it to the wealthy. He is responsible for the Great Depression.
by SpacePope March 4, 2004
Get the trickle down economics mug.1) To not be the very nature of ergonomic. The opposite of ergonomic.
2) A made up word by Digo Raccoon upon the discovery of those 8-bit nintendo controllers and how he used to play on those things and not get sore from them.
2) A made up word by Digo Raccoon upon the discovery of those 8-bit nintendo controllers and how he used to play on those things and not get sore from them.
by Stragus Magus July 29, 2003
Get the un-ergonomic-ness mug.Esoteric economics is a failed school of economic thought that claims wage labor and the traditional business are created by the state. Esoteric economics also argues that the state can be abolish if you just buy Bitcoin and that states are unsustainable. Esoteric economics is heavily influenced by mutualist economics and Austrian economics.
Chicago economist David D. Friedman challenged the founder of the Esoteric school of thought on a livestream and destroyed him using facts and logic to debunk his new school of thought.
Chicago economist David D. Friedman challenged the founder of the Esoteric school of thought on a livestream and destroyed him using facts and logic to debunk his new school of thought.
Esoteric Economics: “Wage labor and the traditional business model are state creationS and 3D printers will abolish them”
Esoteric Economics: “Just buy Bitcoin and the state will go away”
Esoteric Economics: “State are unsustainable due to the exponential growth curve”
Esoteric Economics: “Just buy Bitcoin and the state will go away”
Esoteric Economics: “State are unsustainable due to the exponential growth curve”
by Killing Esoteric Economics December 9, 2019
Get the Esoteric Economics mug.A: So how are we supposed to fix this our economy and national debt?
B: The government decided to go with the strategy of siege economics, and "invest" into our future.
A: But if we spend money isn't that going to just make us more in debt?
B: Uhhh...
B: The government decided to go with the strategy of siege economics, and "invest" into our future.
A: But if we spend money isn't that going to just make us more in debt?
B: Uhhh...
by Senior Mateo February 25, 2009
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