Examlex
The use of corporal punishment in schools (the strap, the ruler, etc.) was referred to as pedagogic violence by Pierre Bourdieu.
Discretionary Policies
Economic policies based on ad hoc decisions by government or policymakers rather than set by rules.
Rational Expectations
The economic theory that individuals make decisions based on their expectations of future economic conditions, which are formed by using all available information.
Velocity of Circulation
The rate at which money changes hands in an economy, illustrating the activity level of economic transactions.
Money Supply
The sum of financial resources present within an economy at any given moment.
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