political economy

Definitions

1. 1

   Interdisciplinary studies drawing upon economics, law, and political science in…

   Interdisciplinary studies drawing upon economics, law, and political science in explaining how political institutions, the political environment, and the economic system—capitalist, socialist, mixed, etc.—influence each other.

   • Arguing for a limit on the power of money, [John Maynard Keynes] was faithful to a long tradition of political economy that was concerned with the balance of interests and the dangers of financial domination.
   • Everywhere, international opposition to capitalism's global reach would have been fiercer; the Wall Street–City of London–Frankfurt axis that was to shape so much of global political economy in the 1990s and beyond would have been weaker.
2. 2

   Synonym of economics (“the study of resource and wealth allocation, consumption, and…

   Synonym of economics (“the study of resource and wealth allocation, consumption, and distribution, of capital and investment, and of management of the factors of production”).

The neighborhood