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Concept information

Término preferido

political economy  

Definición

  • POLITICAL ECONOMY is concerned with the relationship between democratic governments and capitalism. Classical liberal economists, beginning in 1776 with the publication of Adam Smith's An Inquiry into the Nature and Causes of the Wealth of Nations, argued that government should leave the economic system alone and allow it to seek its own equilibrium. [Source: Encyclopedia of Politics: The Left and the Right: Volume 1: TheLeft and Volume 2: The Right; Political Economy]

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http://data.loterre.fr/ark:/67375/N9J-CMRV0KRX-M

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