supply-side economics

noun

1. 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

1. An economic theory that holds that, by lowering taxes on corporations , government can stimulate investment in industry and thereby raise production, which will, in turn, bring down prices and control inflation . The theory also favors improvements in education and training to make workers more productive and reducing the welfare state (see also welfare state ) to spur individuals to work harder. Supply-siders focus on increasing the supply of goods rather than stimulating demand by granting subsidies to the public. Supply-side economics influenced the presidency of Ronald Reagan .

Example Sentences

And Arthur Laffer, the creator of supply-side economics, may have fathered six children.

From The Daily Beast

Is this the re-emergence of Paul Ryan's affiliation with the Jude Wanniski/Jack Kemp school of supply-side economics?

From The Daily Beast

Ronald Reagan could get away with sunny generalizations about supply-side economics because in 1980, it was just a theory.

From The Daily Beast

See my 1981 book, Reaganomics: Supply-Side Economics in Action, for details.

From The Daily Beast

Conservatives deride Bruce Bartlett, a supply-side economics inventor, as a Keynesian for criticizing their devotion to tax cuts.

From The Daily Beast