There are 178 entries in the GLOSS*arama starting with the letter P.

Entries 1 through 35:

• p-e ratio
• packaging
• paper currency
• paper economy
• par value
• paradox of thrift
• Pareto efficiency
• Pareto improvement
• part-time workers
• partnership
• patent
• paternalism
• payment flow
• payroll tax
• peak
• per unit tax
• perception
• perfect competition
• perfect competition and demand
• perfect competition and efficiency
• perfect competition and short-run supply curve
• perfect competition characteristics
• perfect competition, factor market analysis
• perfect competition, long-run adjustment
• perfect competition, long-run equilibrium conditions
• perfect competition, long-run production analysis
• perfect competition, loss minimization
• perfect competition, marginal analysis
• perfect competition, profit analysis
• perfect competition, profit maximization
• perfect competition, realism
• perfect competition, revenue division
• perfect competition, short-run production analysis
• perfect competition, shutdown
• perfect competition, total analysis

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Voting is a key source of government inefficiency because it can fail to provided leaders with a valid indication of society's preferences. Part of the inefficiency rests with utility-maximizing decisions of the voters, who choose rational ignorance (not to be informed) and rational abstention (not to participate), both of which lead to voter apathy and influential special interest groups. Part of the inefficiency rests with the voting process, which results in importance of the median voter, inconsistency of the voting paradox, and logrolling (vote-trading ) among voters.

Complete Entry | Visit the WEB*pedia

Across the interstate from the Mega-Mart Discount Warehouse Super Center resides the Shady Valley Central Town Sprawling Hills Shopping Mall -- a prime example of our economy's climate-controlled, suburban shopping phenomenon. Our pedestrian's ramble through the economy would be totally inadequate if we did not spend at least one day strolling past the endless rows of stores with their displays of clothes, shoes, electronics, clothes, luggage, clothes, cheese pretzels, and of course clothes. Our pedestrian trip, however, is not concerned with the products exhibited beyond the stylish glass windows. No, our jumping off point is the gadzillions of people who pass us by, bump into us, get in our way, and generally make our shopping experience comparable to a commuter train during the rush hour.

Those who comprise the shopping crowd are short, tall, young, old, fat, thin, black, white, happy, and sad. More importantly for our present discussion, however, is that some are rich and some are not-so-rich. A few of the wealthier shoppers actually buy the products framed by the picturesque windows that line the air-conditioned quaint mid-way of Shady Valley Central Town Sprawling Hills Shopping Mall. Others must be content to ogle the prominently displayed products or perhaps buy an occasional cheese pretzel.
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Today, you are likely to spend a great deal of time at a going out of business sale wanting to buy either a genuine down-filled pillow or one of those "hang in there" kitty cat posters. Be on the lookout for rusty deck screws.
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This isn't me! What am I?

-- Leslie Poles Hartley, Writer

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