Definition that contains economic theory
- liberal a person who favors an economic theory of laissez-faire and self-regulating markets
- liberalism an economic theory advocating free competition and a self-regulating market
- monetarism an economic theory holding that variations in unemployment and the rate of inflation are usually caused by changes in the supply of money
- supply-side economics 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