Reaganomics

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Related to Reagonomics: Trickle down economics

Reaganomics

An informal term for supply-side economics, which is a macroeconomic theory stating that a government can best promote growth by providing incentives for persons to produce goods and services. The primary way a supply-side oriented government does this is by maintaining low tax rates so that investors and entrepreneurs may use their money toward production. Maintaining low tax rates on the wealthy is one of the most important and controversial aspects of supply-side economics; the theory states that well off persons have the capital available to produce goods and services and thereby create jobs and grow the economy. Critics contend that this does not happen in reality, and that the wealthy are more likely to keep, rather than invest, their money. Reaganomics acquired the name because it was crucial to the economic policies of the administration of U.S. President Ronald Reagan. See also: Keynesian economics, Monetarism, Trickle-down economics.
References in periodicals archive ?
Goux specifically refers to the work of one of the ideological gurus of Reagonomics, George Gilder who in Wealth and Poverty completely inverts the picture of capitalism and potlatch that authors such as Bataille or Levi-Strauss seem to have inherited from Mauss:
The decade also was marked by Reagonomics, which aimed for a reduction in government spending and regulation.
Blue Clydesider thinks that the problem we have today could be better solved by Margaret Thatcher, a return to Reagonomics and a spot of monetarism.
In addition to the section mentioned above, the volume covers the economy of the new nation, railroads and American economic growth, the economics of American slavery, labor in industrializing America, the rise of big business, boom to bust in the 1920s, the onset of the Great Depression, the New Deal and World War II, the Keynesian Consensus and its collapse, Reagonomics, and Clintonomics ("and beyond").
Some call it Reagonomics; others neo-liberalism; others, the free market economy.
The Reagan-Thatcher Doctrine or Thatcherism or Reagonomics or what in academic circles is termed neo-liberalism or the "Washington Consensus" redefined the role of the state away from Keynesian Welfarism.
Thatcher came to power in 1979, Ronald Reagan in 1981, and although their anti-inflationary predilections were considered parts of Thatcherism and Reagonomics, the new regimes lacked credibility and real interest rates remained high.
This was back in the time of Reagonomics, International pickup trucks, and unfiltered Camels, back when Tom Landry and J.
The 1980s bring images of new-wave music videos, Reagonomics, pink dress shirts and those "Flock of Seagulls" hairdos.
"How Much Have Reagan Tax and Spending Policies Increased Work Effort?," in Charles Hulten and Isabelle Sawhill, eds., The Legacy of Reagonomics: Prospects for Long-Term Growth, Washington, DC: The Urban Institute, 1984.
Audiences could seek new modes of identification, act out, and redefine themselves in the grim socio-political climate of recession and Reagonomics. The Federal Republic of Germany was no exception.
American Psycho (18) Mary Harron stars in this black comedy satire on Reagonomics greed with a career-defining turn from Christian Bale as the young Wall Street exec with the killer instinct.