Written By: Field, In physics, a region in which each point is affected by a force. Objects fall to the ground because they are affected by the force of earthâs gravitational field (see gravitation). A paper clip, placed in the magnetic field surrounding a magnet, is pulled toward the magnet, and two like magnetic poles repel each other when one is placed in the otherâs magnetic field.
logrolling. noun. 1  The exchanging of political favors, especially the trading of influence or votes among legislators to achieve passage of projects that are of interest to one another. 2  The exchanging of favors or praise, as among artists, critics, or academics. 3  See birling.
The idea is if the expenses of corporations are reduced, the savings trickle down to the rest of the economy, spurring growth. Prior to becoming Reagan's vice president, George H. Bush coined the term voodoo economics as a proposed synonym for Reaganomics.