supply-side economics

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Related to Supply side economics: Laffer curve, Trickle down economics

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 ?
WASHINGTON President Donald Trump is set to award the Presidential Medal of Freedom to economist Arthur Laffer, who co-wrote a book about him Laffer is known as the father of supply side economics, which gained popularity under President Ronald Reagan in the 1980s.
'The strategy to control inflation by raising the interest rates is not appropriate and they should follow the supply side economics by taking growth-incentive measures that would lead to rising revenue.
Mainly in opinion pieces that are polar opposites: "Nope, Paul Krugman's Still Wrong About Supply Side Economics," Tim Worstal of the Adam Smith Institute wrote for Forbes.com; "Supply-Siders Still Push What Doesn't Work," Noah Smith wrote for Bloomberg.
Topics explored include supply side economics, lesson from the Asian financial experience, and economic policy reforms in Brazil and Turkey.
Supply side economics and the price level elasticity of aggregate demand.