(functioning as singular) a school of economic thought that emphasizes the importance to a strong economy of policies that remove impediments to supply
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
How to use supply-side economics in a sentence
And Arthur Laffer, the creator of supply-side economics, may have fathered six children.
Is this the re-emergence of Paul Ryan's affiliation with the Jude Wanniski/Jack Kemp school of supply-side economics?
Ronald Reagan could get away with sunny generalizations about supply-side economics because in 1980, it was just a theory.The Only Big Idea Coming Out of the Romney-Ryan Camp Is the Big Lie | Michael Tomasky | August 21, 2012 | THE DAILY BEAST
See my 1981 book, Reaganomics: supply-side economics in Action, for details.
Conservatives deride Bruce Bartlett, a supply-side economics inventor, as a Keynesian for criticizing their devotion to tax cuts.
Cultural definitions for supply-side economics
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.
The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.