The term flypaper theory has two distinct meanings:
- In economics, the flypaper theory is the idea that the burdens of taxation "stick" to those taxed directly instead of spreading through the economy.
- In military strategy, the flypaper theory is the idea that it is desirable to lure one's enemies into a single country or area where they can be more effectively dealt with.
Famous quotes containing the word theory:
“There could be no fairer destiny for any physical theory than that it should point the way to a more comprehensive theory in which it lives on as a limiting case.”
—Albert Einstein (1879–1955)