Paternalism
An attitude or policy approach favoring control over people's actions for their perceived good.
Path Dependence
Explanation of path dependence in economic processes and its implications.
Pay As You Earn (PAYE)
An overview of the UK system for collecting income tax and National Insurance at the source through employers.
Pay Freeze
An in-depth analysis of the concept of pay freeze, applications in various economic frameworks, historical context, and case studies.
Pay-As-You-Go Pension
An overview of the pay-as-you-go pension system where current pensions are funded by current contributors.
Pay-back Period
The time period firms require to earn the cost of new equipment in profits for investment purposes, not always an economically rational investment criterion.
Pay-Off Matrix
A comprehensive look at the concept of pay-off matrix in game theory.
PAYE - Pay As You Earn
PAYE (Pay As You Earn) - A taxation system where income tax is deducted directly from a person's earnings or salary.
Payments Union
An arrangement by two or more countries to pool their foreign exchange reserves, aiming to facilitate trade while reducing the total reserves held individually.
Payroll
A list of those employed by a given firm, or the amount paid to them.
Payroll Tax
An overview of payroll tax, its implications, and economic perspectives.