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political economy
(redirected from Political economics)

   Also found in: Wikipedia 0.06 sec.

political economy

Academic discipline that explores the relationship between individuals and society and between markets and the state, using methods drawn from economics, political science, and sociology. The term is derived from the Greek terms polis (city or state) and oikonomos (one who manages a household). Political economy is thus concerned with how countries are managed, taking into account both political and economic factors. The field today encompasses several areas of inquiry, including the politics of economic relations, domestic political and economic issues, the comparative study of political and economic systems, and the study of international political economy.



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The search for isomorphs in the verbal description of complex multi-tier systems brought the present authors into the field of political economics.
Gar Alperovitz, a University of Maryland professor of political economics, says that the United States has hit a critical stage in its evolution.
In this school of political economics, to give somebody $10 billion you have to take it away from someone else.
 
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