Latest entries in the MOPE Dictionary

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Nationalisation - State moves from taxing a company 30% to taxing it 100%, installing state cronies on the board, running the business as a not-for-profit entity, and subsidising its losses with taxpayer money.

Natural Monopoly – A term used to justify state control of key assets and services through excessive regulation and state monopoly by arguing that competition could never naturally arise in the given sector.

New Economy – Erroneously ascribing higher growth rates to some special and unexplained ‘new’ or ‘modern’ factors as opposed to just excessive debt spending, money pumping, and old get-rich-quick schemes.