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 ?
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.
In "The Pursuit of Happyness," Will Smith received a well-deserved Oscar nomination for playing Chris Gardner, a man trying to save his family from poverty during the Reagonomics of the 1980s.
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.
Audiences could seek new modes of identification, act out, and redefine themselves in the grim socio-political climate of recession and Reagonomics.
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.
Conflicts between fiscal and monetary authorities can be very costly, as the episodes of Reagonomics in the early 1980s and in the wake of German unification demonstrate.
He presented a serial killer as the symbol of the vaunted securities marketeer of Reagonomics.
Hillary acknowledged as much in a 1981 letter to Jim McDougal: "If Reagonomics works at all, Whitewater could become the western hemisphere's mecca.
The current German fiscal situation post unification bears an uncanny resemblance to the Reagonomics of a decade ago.
The bloated and technically sophisticated musicals of the 80s have always struck me as Reagonomics on stage.