Surplus economics is the study of economics based upon the concept that economies operate on the basis of the production of a surplus over basic needs.
Read more about Surplus Economics: Economic Surplus, Argument
Famous quotes containing the words surplus and/or economics:
“Next week Reagan will probably announce that American scientists have discovered that the entire U.S. agricultural surplus can be compacted into a giant tomato one thousand miles across, which will be suspended above the Kremlin from a cluster of U.S. satellites flying in geosynchronous orbit. At the first sign of trouble the satellites will drop the tomato on the Kremlin, drowning the fractious Muscovites in ketchup.”
—Alexander Cockburn (b. 1941)
“I am not prepared to accept the economics of a housewife.”
—Jacques Chirac (b. 1932)