Glossary entry

Polish term or phrase:

księżycowa gospodarka

English translation:

pie-in-the-sky economy

Added to glossary by Michał Wiśniewski
May 6, 2006 00:48
18 yrs ago
Polish term

księżycowa gospodarka

Polish to English Bus/Financial Economics
I keep hearing this phrase on TV. What is it? I have a feeling 'lunar economy' isn't going to work.
Votes to reclassify question as PRO/non-PRO:

Non-PRO (1): p_t

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Proposed translations

10 hrs
Selected

pie-in-the-sky economy

12 hits for this exact phrase. If choosing from among Broniarek's suggestions, I'd go for airy-fairy. Gospodarka księżycowa is an economic model founded on empty promises and demagoguery, one that promises to build something out of nothing and has no chance of working in reality. For example Keynesianism that argues that it's enough for the government to start throwing money at even completely useless projects, to generate the 'multiplier effect' whereby everyone will be richer in the end...
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4 KudoZ points awarded for this answer. Comment: "thx"
+1
5 hrs

absurd/lunatic/crazy/airy-fairy (etc, etc) economy

w
Peer comment(s):

agree Rafal Korycinski
4 hrs
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