Modernomics* [mod-ern-nom-iks] –noun
A termed coined in 2008 by Erik T. Kaiser, regarding the modern economic climate.
1. (used with a singular verb) the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind in modern times.
2. (used with a plural verb) financial considerations in the current economic climate; economically significant aspects in modern times: What are the modernomics of such a project?
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