supply-side economics

from Wiktionary, Creative Commons Attribution/Share-Alike License.

• noun a branch of economics that focuses on the supply side of the economy and on tax reductions

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

• noun the school of economic theory that stresses the costs of production as a means of stimulating the economy; advocates policies that raise capital and labor output by increasing the incentive to produce