normative economics
plural of detraction
plural of saltery
(economics) economic thought in which one applies moral beliefs, or judgment, claiming that an outcome is good or bad. For example: this tax on cigarettes will be good because it will reduce smoking.
good
bad
this tax on cigarettes will be good because it will reduce smoking.
(of a lichen thallus) Radiating outward, with the ends of the radiating arms peeling up from the substrate, but without a cortex on the underside.
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