freshwater economist

freshwater economist
freshwater economics UK US noun [U] ECONOMICS
in the US, the idea that the economy should be based on free market forces with few government controls: »

Freshwater economics is so called because it originated in universities near the Great Lakes, especially Chicago.

Compare SALTWATER ECONOMICS(Cf. ↑saltwater economics)
freshwater economist noun [C]

Financial and business terms. 2012.

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  • freshwater economics — UK US noun [U] ECONOMICS ► in the US, the idea that the economy should be based on free market forces with few government controls: »Freshwater economics is so called because it originated in universities near the Great Lakes, especially Chicago …   Financial and business terms

  • saltwater economist — saltwater economics UK US noun [U] ECONOMICS ► in the US, the idea that government rules and controls are important and necessary for a successful economy: »Saltwater economics advocates strong government action to regulate inflation and interest …   Financial and business terms

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