Definition of ecorat in English:

ecorat

noun

informalAustralian
  • An economic rationalist.

    ‘for the ecorats, the welfare state is basically the problem’
    • ‘These issues festered in the 1990s in a climate of tally-ho reform, led by an ecorat.’
    • ‘The rabid ecorats have already spent how much to try to stop this mining company?’
    • ‘If you are an ecorat like him, you convert the differences in children's outcomes to a dollar cost.’
    • ‘Ecorats believe that public intervention in markets in the name of equity or social citizenship rights is counterproductive.’
    • ‘Even the ecorats understand the importance of what they term 'human capital investments'.’

Origin

1990s abbreviation of economic rationalist.

Pronunciation

ecorat

/ˈɛkəʊrat/