supply siden.adj.
/səˈplʌɪ sʌɪd/, U.S. /səˈplaɪ ˈˌsaɪd/ Economics.
A. n.
The aspect of the economy concerned with the production and distribution of goods and services. Cf. supply n. 11. Frequently contrasted with demand side.
ΘΚΠ
society > trade and finance > management of money > management of national resources > [noun] > political economy > specific sector of the economy
rural economics1764
supply side1873
agriculturism1885
business sector1918
black economy1929
hidden economy1930
underground economy1978
old economy1983
1873 W. Volckman Prevention Poverty 41 If, despite such superior producing power, producers are starving while wealthy non-producers thrive, then the adjustment should clearly be attacked on the supply side without delay.
1891 Encycl. Brit. XVI. 721/1 The quantity of money is not by itself the sole element on the supply side.
1936 J. M. Keynes in Econ. Jrnl. 46 414 So much for the supply side. On the demand side, the effects..are being much retarded at present.
1949 W. Fellner Competition among Few i. 11 Markets which are oligopsonistic on the demand side and oligopolistic on the supply side.
1975 Forbes 1 Jan. 215 The supply side looks bad, but the demand side looks worse.
2004 Jrnl. Post Keynesian Econ. 26 607 This paper argues that economic growth is fundamentally constrained from the supply side.
B. adj. (attributive). Usually hyphenated.
1. Of or relating to the supply side of the economy. Frequently contrasted with demand-side.
ΘΚΠ
society > trade and finance > management of money > management of national resources > [adjective] > of or relating to specific policies or actions
imperial1726
co-operative1821
protectionist1844
inflationist1876
rational1915
deflationist1921
rationalist1942
producer-oriented1946
redistributionist1949
substantivist1956
supply side1957
demand-pull1958
tax-and-spend1960
stop-and-go1961
stop-go1962
go-stop1964
supply-driven1973
demand-side1975
supply side1976
demand-driven1980
1957 Amer. Econ. Rev. 47 609 This is a supply-side effect, and for the convenience of our discussion we neglect it here.
1975 Econ. Jrnl. 85 742 It is helpful to distinguish between supply-side and demand-side factors when analysing a single micro-market.
1991 Economist 3 Aug. 16/1 Supply-side progress, the holy grail of economic growth, has become a reality in Britain.
2002 P. Kotler et al. Marketing Moves i. 32 Businesses must acknowledge two fundamental forces in businesses: supply-side commoditization of products and services and demand-side customization.
2. spec. (originally U.S.). Designating economic, esp. fiscal, policies designed to promote the supply of goods and services; (also) advocating policies and ideas of this kind, esp. the lowering of taxes and reduction of regulation as a means of increasing revenue and generating growth.
ΘΚΠ
society > trade and finance > management of money > management of national resources > [adjective] > of or relating to specific policies or actions
imperial1726
co-operative1821
protectionist1844
inflationist1876
rational1915
deflationist1921
rationalist1942
producer-oriented1946
redistributionist1949
substantivist1956
supply side1957
demand-pull1958
tax-and-spend1960
stop-and-go1961
stop-go1962
go-stop1964
supply-driven1973
demand-side1975
supply side1976
demand-driven1980
1976 Wall St. Jrnl. 9 Apr. 8/1 (heading) Supply-side fiscalism.
1976 Wall St. Jrnl. 15 Nov. 26/4 Supply-side fiscalists..agree that tax changes do not affect total demand, but they emphasize the effects on supply.
1980 N.Y. Times 22 June iv. 20 They recommend capital formation and other supply-side policies that have recently become fashionable.
1982 R. Sheppard & M. Valpy National Deal x. 213 He had embraced the vogue notion of supply-side economics and did not mind giving Canadian government officials advice.
1991 Economist 23 Nov. 57/1 [Bush] was roundly excoriated by the supply-side right for abandoning his pledge not to raise taxes in 1990.
2001 New Republic 21 May 25/1 The theory..is supply-side economics—the hoary notion that cutting tax rates for the rich can have massively beneficial results that trickle down to one and all.
Derivatives
suˈpply-ˌsider n. originally U.S. a person who advocates supply-side policies (see sense B. 2).
ΘΚΠ
society > trade and finance > management of money > management of national resources > [noun] > political economy > an economic policy > specific policies and actions > supporters of
tariffite1830
inflationist1876
tariffist1901
tariff-reformer1903
tariff-monger1904
deflationist1921
Nepman1922
redistributionist1939
growth-man1961
substantivist1967
fiscal engineer1977
supply-sider1980
1980 Wall St. Jrnl. 28 Feb. 24/3 Reception to ‘supply-siders’ was still hostile..when they criticized the economic models being used by the congressional budget committees for assuming that higher government spending was better for the economy than lower tax rates.
1981 Christian Sci. Monitor (Weekly Internat. ed.) 7 Sept. 20/3 The supply-siders who persuaded President Reagan to seek a balanced budget by cutting taxes.
1998 Jrnl. Econ. Issues 32 1208 Appreciating the importance of demand maintenance (a supply-sider he is not!).
2009 New Yorker 2 Nov. 114/2 The birthers are more evidently kooky than the global-warming ‘skeptics’ or the death-panellers or the supply-siders.
This entry has been updated (OED Third Edition, June 2012; most recently modified version published online March 2022).
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n.adj.1873