n.
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
Get the trickle-down economics 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
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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
Get the siege economics mug.A subset of microeconomics in which the prospect makes little to no money but still knows how to spend it all.
Mike: Yo Moe, you still working in that podunk town at the mega crag?
Moe: Yeah, making minimum wage still. Yo check this newly purchased Buddhist Shrine out. It was only half off if I purchased a new Mazda Civic.
Mike: What's a Mazda Civic?
Moe: Ionno. They said they were gonna send it when I paid off the $30k loan and joined a pyramid scheme.
Mike: That's Harkaesion Economics right there. You got swindled, son.
Moe: Heard that.
Moe: Yeah, making minimum wage still. Yo check this newly purchased Buddhist Shrine out. It was only half off if I purchased a new Mazda Civic.
Mike: What's a Mazda Civic?
Moe: Ionno. They said they were gonna send it when I paid off the $30k loan and joined a pyramid scheme.
Mike: That's Harkaesion Economics right there. You got swindled, son.
Moe: Heard that.
by Jefbag May 15, 2012
Get the Harkaesion Economics mug.by Investment Banker February 11, 2007
Get the London School of Economics mug.An idiotic excuse for an economic policy. Practiced by President Herbert Hoover, to no beneficial effect.
by Albie Wangsta April 13, 2004
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