fresh water school

*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.

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

by Abu Yahya March 5, 2009

JAZZY FRESH

(ADJECTIVE)
a way of saying nifty or snazzy or cool. Usually used to talk about a noun. Any one can use it goths, preps, punks, vintages, even gangstas!

GUY:
dude did you see that shirt?
GUY2:
o yea for sho it was JAZZY FRESH dawg!
GUY:
i know, i know im feelin it... FO REAL.

by shopingchick369 May 15, 2007

Fresh Ice

Fresh Ice is synonymous with Booty call. But instead of referring to the actual phrase. "Fresh Ice" can be used to mask your intentions with the other sex. this phrase is more ideal to be used in person not over the phone like bootycall

so have you gotten any fresh ice lately?

by Cubanpapimiami April 1, 2010

Freaky Fresh

A term that adults and old people use to try and keep "hip"

kid: Hey dad im just going to the movies with my friends kay?
Dad: Okay have fun and keep it Freaky Fresh!
kid: *hits head on lamp post"

by ImaVampire Hear Me ROAR April 20, 2008

fresh

UK definition: means new to the country and comes from the term "fresh off the boat".

"Dat gal Kayla is still fresh you kna"

"Yeh, yeh. You can tell by her accent"

by babylove February 20, 2007

fresh curls

To have curly hair flowing with African-American beauty. Also, fake hair is not acceptable to be included in 'fresh curls' classification. (weaves,wigs,ect.)

"Yo, dat Olivia got fresh curls."

by Olivia Naomi Hester October 27, 2005

from fresh to hesh

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.

"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."

by George Forehand June 9, 2005