rational expectations hypothesis
*noun*; a method of representing the economy as the sum of many identical individuals and firms, each represented by a system of mathematical equations. The Rational Expectations Hypothesis (REH) takes its name from the premise that economic actors, i.e., everyone, do not make consistent errors about the present or future behavior of markets. REH was devised mainly as a rebuke to Keynesian economics, and in particular, the strategy of fiscal policy or monetary policy. According to the REH, fiscal policy does not alter aggregate demand because the "average" person recognizes that her lifetime income is not increasing--so she needs to save rather than spend the stimulus money, in anticipation of higher taxes in the future. At the same time, monetary policy does not work because it relies on lowering interest rates to make more money available; more money means inflation, but people have to be deceived into thinking prices for their product are going up, so they will expand production. According to REH, people or firms will figure this out, and see increased demand as mere inflation. Instead of increasing output and employment, they'll want to raise prices so they can meet their future bills. According to REH, both monetary and fiscal policy rely on illusions to work; and since people (on average) will make rational estimates o the future, they will defeat these illusions.
The Urban Dictionary Mug
I don’t really want to by it but I do like that you can customize it Also I do find find funny nearly all the one star reviews are people say “I want the mug for free”
i tried to break this shit mug but died got reincarnated came back to life and this shitty mug was still there
How many ounces does it hold? I don’t know ask him. HIM!HIM! Fuck him! It’s catchy
Great experience with the Urban Dictionary and ordering my mug. Any concerns that were related to them were received promptly. Overall, it was a great experience
i love this mug its not a mistake ITS A MASTERPIECE
Describes my classmate in school, perfect
I love the cup and I’m certain I’ll be checking with you guys in the future..
*To those looking to purchase, others may criticize your sense of humor.* I love the thug shaker mug! It stands out as a quality desk ornament that all of my co workers are envious of. However, the other world leaders seem to find the thug shaker unfunny and immature for the work place. My wife says she will leave me if she sees it out one more time. I think I may have to give up the thug shaker persona once and for all. Stay strong thugs.
fuck you and your mugs give me a shirt or ill shit on you
Love love love it! Customer service gave me a coupon, let me know that I had to revise the definition when too long, and overall super helpful.
Nice Mug my second Mug. A little staining or photo graphic stain on the side of the cup and shown in the picture. As a result I cannot give a 5 Star Review.
The snarky message on the mug always gets big laughs from guests so I'm now using it as my go-to bourbon glass
Love the coffee mug. Would have been nice to see who had the word accepted into Urban Dictionary printed on the bottom of the mug. As I was the one. "Dusty Dawg" Other than that I love.
fuck ur mugs i want one for free
This mug, much like a cursed relic unearthed from the depths of despair, embodies a cacophony of design flaws and manufacturing mishaps that make one wonder if it was birthed from the darkest corners of incompetence itself. From its deceptively promising exterior, which boasts a color scheme akin to a bruised banana left out in the sun for too long, to its handle that feels more like a medieval torture device designed to punish the unsuspecting hand that dares to grasp it, every aspect of this mug screams "regret." Its material, a sinister amalgamation of recycled nightmares and shattered dreams, leeches a flavor reminiscent of stale coffee mixed with the tears of disappointed souls into whatever liquid unfortunate enough to be poured within its cursed confines. The rim, jagged and uneven like the edge of a poorly forged blade, guarantees that each sip is a perilous journey fraught with the risk of lip lacerations and existential dread. And let us not forget the bottom of this vessel, where the manufacturer's logo is stamped with all the subtlety of a scarlet letter, branding the user as a victim of their own poor purchasing decisions for all eternity. Indeed, this mug serves as a stark reminder that sometimes, in the vast expanse of consumer goods, there exists a dark abyss where quality and utility fear to tread, leaving only disappointment and regret in their wake.
I think it’s funny and the quality is really good. Shipping was pretty fast too.
Arrived exactly on time( as projected) ;( beautiful blue color 💙 as specified) loving it ! ❤️
Loved the mug! It really suits me, my co-workers love it.
Pissah!
nice.
Review Details
Pro Customization
Create unique products with your own words and definitions
Live Preview
Personalize Your Design
Debug: Product Metadata
| Key | Value (click to copy) |
|---|---|
Copied! |
Return Policy
Made Just For You
Each product is custom-printed with your unique text, making it truly one-of-a-kind.
Defect-Free Guarantee
If your product arrives with printing defects, damage, or quality issues, we'll send you a free replacement.
Custom Orders
Due to the personalized nature of your order, we don't accept returns for change of mind or sizing issues.
Questions about your order? Contact our support team for assistance.