Policy

Farm Subsidies
An overview of farm subsidies, their purposes, forms, and implications.
Embargo
A prohibition on trading with a country, either generally or in particular goods.
Indicator
A variable used to determine the employment of policy instruments in economics.
Procurement
Government purchase of goods and services, focusing on inefficiency, corruption, and protectionism.
Adaptation
Policies and actions to prevent or reduce the adverse effects of climate change.
Disincentives in Economics
Economic arrangements which weaken the inducement to undertake a particular action.
International Economics
A comprehensive overview of international economics, its components, and its significance in global relations.
Paternalism
An attitude or policy approach favoring control over people's actions for their perceived good.
Poll Tax
A lump-sum tax levied on every citizen at the same rate regardless of income or wealth, inherently regressive in nature.
Polluter Pays Principle
The principle that requires the polluting party to bear the costs associated with mitigating pollution, in line with the damage caused to society or the level of pollution exceeding acceptable standards.
Pressure Group
An organization that aims to bring about changes in laws or policies, possibly in the interest of its members or a wider cause like the environment.
Price Floor
A comprehensive entry on the concept of price floors in economics, covering its definitions, historical context, major analytical frameworks, and more.
Prices and Incomes Policy
Overview and analysis of government attempts to control prices and incomes directly.
Subsidiarity
The principle that decisions on policy should be taken at the most decentralized level consistent with making them effective.
Talk Down
The attempt to bring down the value of an economic variable through persuasion by the authorities.
Time-Inconsistency
A dictionary entry exploring the economic concept of time-inconsistency, which occurs when a policy-maker acts counter to previous commitments due to changing incentives.
Voucher
A certificate usable in place of money for specific purposes, such as education or housing.
White Paper
A UK government publication generally intended as a prelude to legislation, contrasted with a green paper meant to stimulate public discussion.