the flat white economy noun the network of media, internet and creative businesses that are bolstering the UK economy
Most of us rolled our eyes at the invasion of hipsters, but the ‘Flat White Economy’ is flourishing.
[www.newstatesman.com 19 May 2015]
disaster capitalism noun a policy of political officials to take advantage of a shock or disaster to push free-market economic policies and privatization in the management of recovery and reconstruction
These were clearly feelings, like, OK, here’s a political opportunity, which they took on many levels, to do things that politically were untenable before Katrina. This was disaster capitalism and a perfect example.
[WNYC: Leonard Lopate Show (culture and current events) 09 June 2015]
shrinkflation noun when the size of a product is reduced whilst the price is retained
Angus Kennedy, editor of trade magazine Kennedy’s Confection, says one of the worst examples of shrinkflation was Cadbury’s reducing the number of Creme Eggs in a box from half-a-dozen to five in the run-up to Easter (both sizes cost £1 at Iceland).
[www.dailymail.co.uk 13 April 2015]