supply-side economics

supˌply-side ecoˈnomics noun [uncountableU] technical

the idea that if the government reduces taxes, people will be able to make more goods and this will improve a country’s economic situation 供应经济学〔主张政府通过减税以刺激生产从而改善国家经济形势的理论〕

Examples from the Corpus

supply-side economics• That's when - you know, you've heard about supply-side economics.• He knew what Greenpeace was, and the geodesic dome, and sado-masochism, and even supply-side economics.• But the disdain of these accomplished economists for supply-side economics can easily be deduced from their writings and congressional testimony.• And they all hold supply-side economics in contempt.• Kemp was a leading advocate of supply-side economics when the theory got its first trial in the income tax cuts of 1981.• He rebukes Steve Forbes' brand of supply-side economics.• The recipe of supply-side economics can be illustrated by reference to Fig. 10-6.• These economists all knew that supply-side economics is trash for one simple reason.

From Longman Business Dictionary

supply-side economicsˈsupply-side ecoˌnomics [uncountableU]ECONOMICS

a theory stating that governments should cut taxes in order to encourage investment, rather than making more money available in the economy

→ economics

supˌply-side ecoˈnomics noun

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