All things pretaining to the male, homosexual lifestyle. With heavy emphasis, on overly feminine behaviours.
"Owning leather chaps, but no motorcycle, is an obvious sign of faganomics at work."
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faganomics is the logic of faggots, their routines, and other things faggots do.
person 1: dude, that faganomics class was so gay
person 2: ikr, what is this fagotry