Definition of "saltwater" in English

noun

1. Alternative form of salt water.

adjective

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.

   • 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.