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Lesson 131 - Economics in One Lesson (Book #101)
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Gravity
Terms in this set (49)
acumen
quickness of mind; sharp insight
ambiguity
something that has one or more possible meanings
anonymous
with no name known or acknowledged
aphorism
short, pointed sentence expressing a truth or precept
apologist
person who writes in defense of a doctrine or action
arson
crime of deliberately setting fire to property
bureaucrat
official, especially one who insists on proper routine, paperwork, etc.
centriifugal
moving or tending to move away from the center
charlatan
person who pretends to have abilities that he does not really possess; impostor
debility
weakness; lack of ability
debt
an obligation to pay or return something
dilatory
inclined to delay
dipsomaniac
person who has an abnormal, insatiable craving for alcoholic beverages
disillusion
state of confronting the truth after having been deceived; disappointment of unrealistic expectations
Draconian
extremely severe; like the code of Draco in 621 B.C.
equilibrium
state of balance or equality between opposing forces
expenditure
the spending of money
expropriate
take property from one person for another use, as by eminent domain
glazier
person whose work entails cutting and fitting pieces of glass into frames
hostility
enmity; antagonism; ill will
illusion
false idea; misleading perception
inextricable
that cannot be disentangled or untied
inflation
increasing the amount of money in circulation, thereby decreasing its value; dilution of the currency
insoluble
that cannot be solved; that cannot be dissolved
levy
compulsory tax or other payment; compulsory enlistment, as for military service
mortgage
pledging of property to a creditor as security for payment of a debt
nebulous
cloudy, indistinct; vague
opiate
medicine containing a derivative of the opium poppy; anything meant to quiet or sooth
orthodoxy
set of accepted beliefs
pander
help to satisfy the ambitious or vices of others
panegyric
formal speech or writing praising a person or event
paradoxical
having the nature of a statement that is, or seems to be, self-contradictory
parasite
a person (or animal) that lives at the expense of another without making a useful contribuion
picket
a person, usually carrying a sign, stationed outside a workplace to keep strikebreakers from entering
rapacity
greed; the quality or practice of living on plunder
recriminations
counteraccusations
sacrosanct
holy or inviolable
slogan
catchword or rallying phrase
slumlord
property owner in an area where housing is very poor
sophism
a clever and plausible but fallacious FORM of argument
sophistry
clever and plausible but fallacious METHOD of argument
spawns
produce eggs; bring forth or be the source of, especially of something produced in great quality
speculator
person who buys and sells commodities or stocks hoping to take advantage of changes in price
subsistence
means or property under false pretenses
swindle
get money or property under false pretenses
technophobe
one who fears or despises technological progress
vaunt
boast or brag about something
viable
likely to live or to grow and take root
vicarious
taking the place of another thing or person
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