Rubinomics
English
Etymology
Rubin + -nomics, named after Robert E. Rubin, former US Secretary of the Treasury.
Noun
Rubinomics (uncountable)
- The economic policies of US President Bill Clinton, emphasizing the effect that balancing the government budget has on long term interest rates.
- 2007, New York University. Institute of Economic Affairs, Challenge, volume 50, page 44:
- Drawing from classical economics, Rubinomics mistakenly asserts that saving drives investment.
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