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Definition of political economy in English: political economynoun mass noundated Economics as a branch of knowledge or academic discipline. Example sentencesExamples - It is not economics that drives the analysis but politics, and the line between economics and political economy has now blurred.
- This quote does not sound like psychology or sociology, but traditional political economy.
- Early American writers on political economy reacted negatively to Ricardo's theory of rent.
- Call it what you want, but in the history of political economy, this is usually called a tax increase.
- The context consisted of economic history, political economy and the history of economic ideas.
Derivatives noun dated Marx develops the position of the classical political economists in two directions. Example sentencesExamples - The great American political economist Thorstein Veblen, one of the most important social thinkers of the last century, made a distinction between what he called the ‘substantial people’ and ‘the underlying population’.
- George, in contrast, always viewed himself as a classical political economist, in the vein of Adam Smith.
- At the turn of the century, American political economists were heterodox in their approaches to economic theory.
- A simple listing of prominent American political economists who adamantly opposed the single tax idea is indicative of the position of the profession.
Definition of political economy in US English: political economynounpəˈlɪdəkəl iˈkɑnəmi dated Economics as a branch of knowledge or academic discipline. Example sentencesExamples - The context consisted of economic history, political economy and the history of economic ideas.
- It is not economics that drives the analysis but politics, and the line between economics and political economy has now blurred.
- This quote does not sound like psychology or sociology, but traditional political economy.
- Call it what you want, but in the history of political economy, this is usually called a tax increase.
- Early American writers on political economy reacted negatively to Ricardo's theory of rent.
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