by jake foran November 8, 2017
Get the Fresh a vaca domug. *noun*, term used in economics to refer to the New Classical economics. The fresh water school was lead by Robert E. Lucas, Thomas J. Sargent, and Robert Barro; its position was that fiscal policy and monetary policy are doomed to be ineffective, since they rely on "fooling the public."
Instead, they argued that even tax cuts had no stimulus effect (in contrast to "supply side economics"), and of course they were resolutely opposed to government spending. Instead, the fresh water school maintained that a recession was caused by markets adjusting to a technology shock to create a structurally different economic system. The best thing to do was to allow the markets to restructure industry on their own.
The fresh water school was known for their support of the "rational expectations hypothesis" (REH) and "real business cycle" (RBC) theory.
Instead, they argued that even tax cuts had no stimulus effect (in contrast to "supply side economics"), and of course they were resolutely opposed to government spending. Instead, the fresh water school maintained that a recession was caused by markets adjusting to a technology shock to create a structurally different economic system. The best thing to do was to allow the markets to restructure industry on their own.
The fresh water school was known for their support of the "rational expectations hypothesis" (REH) and "real business cycle" (RBC) theory.
But lately, a ...school of skeptics who think the Government usually just gums things up is gaining attention and influence. The skeptics are known as the "fresh water school," less for the purity of their thought than for their origins at universities along the shores of the Great Lakes.
"'Fresh Water' Economists Gain," *New York Times*, 23 July 1988
"'Fresh Water' Economists Gain," *New York Times*, 23 July 1988
by Abu Yahya March 5, 2009
Get the fresh water schoolmug. In the skateboarding world. The transformation of someones style/attitude/clothing from a hiphop-oriented, slightly bling to a more out of style, 'I don't give a fuck'-approach.
If done by a professional skateboarder this is sometimes viewed as a marketing decision. However personal changes are probably a more important reason.
The opposite direction is also imaginable.
See also fresh, hesh.
If done by a professional skateboarder this is sometimes viewed as a marketing decision. However personal changes are probably a more important reason.
The opposite direction is also imaginable.
See also fresh, hesh.
"Hey Chris, who's that guy in your video part with the bald head, baggy jeans and the white shirt?"
Chris: "That's me. It's footage from last year, before I transformed from fresh to hesh."
Chris: "That's me. It's footage from last year, before I transformed from fresh to hesh."
by George Forehand June 9, 2005
Get the from fresh to heshmug. by tomatos September 23, 2014
Get the Fresh from the chickenmug. by Hawk moth April 6, 2021
Get the fresh off the lotmug. by freewill December 16, 2011
Get the Fresh Fish Specialmug. by gay joke...why not ;-; November 14, 2019
Get the Epic Fresh Boimug.