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Bootstrap Capitalism

An emerging concept of capitalism that is proposed to start from the bottom upwards by accelerating the upward mobility of...

Solovian Growth

The economic growth that is brought about or catalyzed by investment. As new capabilities are added to the engine of...

Absolute Advantage

The ability of a country to produce a good or service at lower cost, in terms of material resources (inputs),...

Compensatory Finance

A practice in which a government spends more money than it receives in revenues. The difference constitutes a budget deficit...

Deficit Spending

A practice in which a government spends more money than it receives in revenues. The difference constitutes a budget deficit...

Pump Priming

A practice in which a government spends more money than it receives in revenues. The difference constitutes a budget deficit...

Deficit Financing

A practice in which a government spends more money than it receives in revenues. The difference constitutes a budget deficit...

Accommodative Monetary Policy

A policy that is applied by central banks in an attempt to stimulate economic growth by increasing money supply. Such...