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:
“The theory of rights enables us to rise and overthrow obstacles, but not to found a strong and lasting accord between all the elements which compose the nation.”
—Giuseppe Mazzini (18051872)