saltwater economics
(en)
refers to a school of heterodox macroeconomics thought in the US in the early 1970s; centered around coastal universities (Ivies, Berkeley, etc) whereas freshwater economics referred to schools around the Great Lakes; primarily a methodological disagreement about the extent to employ the theory of economic decision making; the divide no longer really holds true today
135
Eichengreen belongs to the last generation of so-called ‘saltwater’ macroeconomists trained by Yale, MIT and Harvard in the 1970s and early 80s.
notable
7 years, 3 months ago
Eichengreen belongs to the last generation of so-called ‘saltwater’ macroeconomists trained by Yale, MIT and Harvard in the 1970s and early 80s.
notable
7 years, 3 months ago
parochial
(en)
relating to a church parish; having a limited or narrow outlook or scope
136
he moved beyond the personalized, parochial focus on the leadership of the US Federal Reserve
notable
7 years, 3 months ago
he moved beyond the personalized, parochial focus on the leadership of the US Federal Reserve
notable
7 years, 3 months ago