1) one who subscribes to foolish economic principles such as trickle-down and voodoo economics, pyramids, ponzi schemes, fuzzy math, and similar financial snake-oils.
The economitards fail to see that great wealth for one means great poverty for many.
A false interpretation of economics, as Keynesianism, which is repeated verbally over and over, until the sheeple believe that it is a science.
An example of echonomics is when the Keynesian Kenyan and BenShalom Blurbnanke repeatedly telling us that stimulation will make us all rich again, but the Keynesian policies are only providing quantitative sleazing of our economy into ruin, and making us the biggest debtor nation on the planet.