The Oxford Handbook of Political Economy
Oxford University Press | 2008 | ISBN: 0199548471 | Pages: 1093 | PDF | 5.20 MB
Oxford University Press | 2008 | ISBN: 0199548471 | Pages: 1093 | PDF | 5.20 MB
Over its long lifetime, "political economy" has had many different meanings: the science of managing the resources of a nation so as to provide wealth to its inhabitants for Adam Smith; the study of how the ownership of the means of production influenced historical processes for Marx; the study of the inter-relationship between economics and politics for some twentieth-century commentators; and for others, a methodology emphasizing individual rationality (the economic or "public choice" approach) or institutional adaptation (the sociological version).