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political economy

«Not wishing to be disturbed over moral issues of the political economy, Americans cling to the notion that the government is a sort of automatic machine, regulated by the balancing of competing interests.»
«The fundamental principle of human action, the law, that is to political economy what the law of gravitation is to physics is that men seek to gratify their desires with the least exertion»
«War challenges virtually every other institution of society-the justice and equity of its economy, the adequacy of its political systems, the energy of its productive plant, the bases, wisdom and purposes of its foreign policy»
«It's called political economy because it is has nothing to do with either politics or economy»
Author: Stephen Leacock | About: Economics, Politics | Keywords: political economy
«In the domain of Political Economy, free scientific inquiry meets not merely the same enemies as in all other domains. The peculiar nature of the material it deals with, summons as foes into the field of battle the most violent, mean and malignant passions of the human breast, the Furies of private interest.»