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See also: salt water


A small saltwater swimming pool at Edithburgh, South Australia


salt +‎ water


saltwater (not comparable)

  1. New Keynesian or Keynesian, in reference to macroeconomics and economics departments on the East Coast and West Coast of the United States of America.
    • 2004, Arnold Kling, Learning Economics, Xlibris (1st ed.), ↑ISBN, page 29.
      Sweetwater and Saltwater economists tend to differ on policy issues.
    • 2007, David Colander, The Making of an Economist, Redux, Princeton University Press (2nd ed., 2009), ↑ISBN, page 228.
      These findings suggest that the divide between fresh and saltwater departments has all but disappeared. The ideological battle is over.
    • 2012, John Quiggin, Zombie Economics: How Dead Ideas Still Walk Among Us, Princeton University Press (expanded paperback ed., 1st ed. from 2010), ↑ISBN, page 86.
      Despite their often heated debates, saltwater and freshwater economists agreed on one fundamental point: that macroeconomic analysis must be based on the foundations of neoclassical microeconomics.
    • 2015, Meghnad Desai, Hubris: Why Economists Failed to Predict the Crisis and How to Avoid the Next One, Yale University Press (1st ed.), ↑ISBN, page 191.
      In the US, economists were said to be from sweetwater departments – from Chicago and Minnesota, where they were new classical – and from saltwater departments – MIT, Harvard and Yale, where they continued to be Keynesians who did not concede the ground totally to the new classical economists.
    • 2016, Philippa Malmgren, Signals: How Everyday Signs Can Help Us Navigate the World's Turbulent Economy, Hachette UK, ↑ISBN.
      A tax rate of say, 91 per cent – as suggested by the very saltwater Nobel Prizewinner, economist Paul Krugman – would force Americans to hand over a much larger proportion of their income than most are comfortable with.




Derived terms[edit]


saltwater (uncountable)

  1. brine
  2. alternative form of salt water