Crackhead economics is a simple sustaining system that doesn’t require any education, talent or planning ability, addiction is the only motivation you need!
by Dr Bunnygirl September 17, 2020
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When cost of production per unit decreases, as production increases. The good effects of buying in bulk, up to a point.
by Kung-Fu Jesus April 30, 2004
Get the economies of scale mug.*noun*; a subdivision of economics that focuses on addressing recessions by stimulating supply, rather than demand. During a recession, supply siders recommend cutting taxes rather than increasing government spending.
"Supply side" is in contrast to traditional practitioners of Keynesianism, "demand siders" who believe the main fiscal policy tool for recessions should be increased government spending.
Both supply siders and demand siders believe the government is responsible for formulating effective fiscal policy during recessions.
The most famous advocate of supply side economics was Arthur Laffer.
"Supply side" is in contrast to traditional practitioners of Keynesianism, "demand siders" who believe the main fiscal policy tool for recessions should be increased government spending.
Both supply siders and demand siders believe the government is responsible for formulating effective fiscal policy during recessions.
The most famous advocate of supply side economics was Arthur Laffer.
When Ronald Reagan ...promised to cut taxes ...he claimed tax revenue would go up, not down... as the economy boomed in response to lower rates. Since then, supply side economics ... has become a central tenet of Republican political and economic thinking in the country.
"McCain sticks to Supply Side Economics..." *International Herald Tribune* (24 March 2008)
"McCain sticks to Supply Side Economics..." *International Herald Tribune* (24 March 2008)
by Abu Yahya March 5, 2009
Get the Supply Side Economics mug.An economic situation where most normal people living in the US can not afford general or typical goods and services any longer. Named for President George Bush's economic policies favoring the Reagan style of 'trickle down' economics where the wealthy are entrusted to send wealth to the lower classes. IT never works out that way.
I lost my job in customer service to an Indian. Its ok, I can't afford gas in the bush economy anyway to get to work.
by erock82 May 21, 2008
Get the bush economy mug.by Thomas Sowell July 22, 2005
Get the economics mug.Sandy: "man that one came out clean, I only had to use one square for Quilted Northern."
Bob: "well shoot dang that was one economic shit."
Bob: "well shoot dang that was one economic shit."
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