Hummus Economy

The hummus economy cynically refers to the economic situation in Lebanon, the country where hummus originated.

The hummus economy consists of the successive poor leadership that took Lebanon to an unparalleled economic recession that surged between 2019 and 2020. It has resulted from corruption and incompetence in the absence of the rule of law.

The expression insinuates amateurship in managing Lebanon where leaders have been historically busy by shallow matters distracting the Lebanese from what matters when it comes to inclusive and sustainable growth.

Q: What economic model fits Lebanon in recent years?
A: The economy in Lebanon is intricate and peculiar: one could call it the hummus economy.

El Hokayem, J., and Abou Jaoude, J. (2020), Leading by misleading in the hummus economy, Annahar.

by JHRLY October 26, 2020

First Law of Ecumomics

Derived from the physics principle of Newton's First Law:

The First Law of Ecumomics states: "A dick/pussy getting action will tend to continue to get action, while a dick/pussy not getting any will tend to continue to not get any, unless acted upon by an external makeover force." Also known as ecumomic inertia.

"I just keep getting pussy lately! I don't think it's ever going to stop. Thank goodness for the First Law of Ecumomics!"

by America Lover 🇺🇸 December 21, 2014

Econometrics

Economics with shit load of linear algebra , if you are at college avoid it at all costs.

Man, she majored in Econometrics. She must be a really clever bitch

by George February 20, 2004

The Economist Magazine

A British Magazine founded in 1848. It is a weekly that provides it's readers news of World Politics, recent advances in science, ect. It is set up in 16 parts, The World this Week, Leaders, Letters, Briefing of a major topic, United States, The Americas, Asia, Middle East and Africa, Europe, Britain, International, Business, Finance and Economics, another briefing,science and Technology, Books and Arts, Economic and Financial Indicators, and Obituary. Every once and a while there is also a 14 to 18 page section on a specific topic, and quarterly some articles from a sister magazine, Intelligent Life.

Many Political and Economic leaders read The Economist Magazine.

by Dasichferbotten October 31, 2011

In This [Economy]...

a preface or tag line used to mollify or quantify any ridiculous or unscrupulous action or statement

yeah i shoplifted some gum earlier today, but you know In This Economy...

In This Economy...who bothers to shower anyway.

by Chucky G March 12, 2009

Booze economy

The idea of buying drink that provides the most alcohol for the lowest price

That beer looks quite nice, but wine is way better booze economy

by Gavin Spiller June 15, 2007

Economically owned

An expression in which the economy has inflicted a bad thing on someone even though it was not the economy's fault.

*John gets his character in a game headshot*

John: Oh my god, I just got economically owned!

Mike: Well, the economy is to be blamed for this.

John: What the fu** does the economy have to do with this?

Mike: I don't fu***** know, just accept that you got economically owned.

by StealthBlackHand March 20, 2009