Glossary

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Altruism - when one likes to see other people have noms too
Animal Spirits - when we are confident that the noms will come
AntiTrust - the government tells a large company to stop noming EVERYTHING
Appreciation - now my currency can buy more noms than before, relative to other currencies 
Asymmetric Information - when somebody knows more than somebody else
Autarky - trying to make cookies with NO HELP AT ALL, like you have to grow the wheat and harvest the cocoa beans first

Help us expand our vocabulary! If you have a good defi-nom-tion of an econ word, please email words@economnomnomics.com or reply to this post below. Include your word and definition and also your name and/or institution or webiste that you would like credited.

A made-up example submission:
Trust – if you believe someone who promises you noms will deliver on their promise
by John Hsu, University of Maryland

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