supply-side economics

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supply-side economics

n
(Economics) (functioning as singular) a school of economic thought that emphasizes the importance to a strong economy of policies that remove impediments to supply

supply-side economics

Economic policies based on the idea that a national economy will benefit through a government making more money available for investment, especially through reducing tax levels.
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Noun1.supply-side economics - the school of economic theory that stresses the costs of production as a means of stimulating the economy; advocates policies that raise capital and labor output by increasing the incentive to produce
economic science, economics, political economy - the branch of social science that deals with the production and distribution and consumption of goods and services and their management
References in periodicals archive ?
See supra Part II and accompanying text (asserting scientific evidence and case studies to suggest supply side policies exacerbate problem).
The central aspect of this are the measures to make the periphery more competitive, through austerity and supply side policies.
Supply side policies let individuals decide where the new jobs will be created, whereas demand side policies permit "enlightened" bureaucrats to determine which industries will receive new government contracts or benefit from technical changes in the tax code.