Ambrose Bierce wrote "The Devil's Dictionary." My personal favourite in it is "Puritanism, the linger fear that someone, somewhere might be enjoying himself."
 
It occurred to me that it might be fun and useful to write "A Devil's Dictionary of Economics" especially for the "motherhood" words like "investment." I've done three so far. Contributions would be welcome; they may wind up on a new website I'm working on.
 
Victor
 

The Devil's Dictionary

Productivity a justification for not paying employees a living wage as long as someone, somewhere, may be earning less.

Investment (aka takeover) a means of having your tax write-off cake and eating it too.

Economic growth the increase of seven-digit bank accounts to eight digits or more.

 

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