securonomics
Word Rarity
Very rare
Frequency: Zipf frequency 0.00 in modern English
18
Scrabble Score
12
Letters
3
Syllables
9
Unique Chars
Meaning
noun
A modern form of supply-side economics inspired by US president Joe Biden's economic policy, particularly his Inflation Reduction Act, and based on the belief that globalisation has failed to achieve its stated aims.
British usage; Uncountable
Example Sentences
- "She [Rachel Reeves] told the FT her ‘securonomics’ had to be based on ‘the rock of fiscal responsibility’ and that Britain was at risk of being ‘sidelined’ unless it accepted that the rules of the global economy had changed."
- "It’s to be funded by taxing private schools, although whether Reeves’s “securonomics” has the capacity to respond to what teachers want more broadly, is another matter."
- "Done without careful planning, it could increase reliance on imported virgin steel and recycled scrap metal. It will also test the government’s commitment to “securonomics” which involves safeguarding the supply of key goods and services to the UK."
Etymology
From secure + -onomics, coined by British politician and Chancellor of the Exchequer from 2024 to 2026 Rachel Reeves in 2023.
Usage
- British usage
- Uncountable