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[5] [6] Political economy in its modern form is considered an interdisciplinary field, drawing on theory from both political science and modern economics. [4] Political economy originated within 16th century western moral philosophy, with theoretical works exploring the administration of states' wealth; political signifying the Greek word ...
Thomas Ferguson (born 1949) is an American political scientist and author who writes on politics and economics, often within a historical perspective. He is best known for his Investment Theory of Party Competition, described in detail in his 1995 book Golden Rule: The Investment Theory of Party Competition and the Logic of Money-driven Political Systems.
Four of these perspectives (Progressive, Individualist, Paleoconservative, and Neoconservative) fit squarely within the four traditions; four others (Paleolibertarian, Theoconservative, Communitarian, and Radical) fit between the traditions, being defined by their singular focus on rank or force.
International political economy (IPE) is the study of how politics shapes the global economy and how the global economy shapes politics. [1] A key focus in IPE is on the power of different actors such as nation states, international organizations and multinational corporations to shape the international economic system and the distributive consequences of international economic activity.
Democrats must shift their focus from divisive identity politics to practical economic needs, such as helping those without college degrees gain skills and good-paying jobs, reducing the cost of ...
Constitutional economics is a research program in economics and constitutionalism that has been described as explaining the choice "of alternative sets of legal-institutional-constitutional rules that constrain the choices and activities of economic and political agents".
Adam Smith. The classical school of economic thought emerged in Britain in the late 18th century. The classical political economists Adam Smith, David Ricardo, Jean-Baptiste Say and John Stuart Mill published analyses of the production, distribution and exchange of goods in a market that have since formed the basis of study for most contemporary economists.
Conflict theories are perspectives in political philosophy and sociology which argue that individuals and groups (social classes) within society interact on the basis of conflict rather than agreement, while also emphasizing social psychology, historical materialism, power dynamics, and their roles in creating power structures, social movements, and social arrangements within a society.