Here's some solid feature-writing from Max Nisen, a recent Pomona College graduate with a degree in economics. Drawing upon a recently published report for his primary source, he explains how free-markets lead to democratization, and back again.
Political economy is a the term for studying production, buying, and selling, and their relations with law, custom, and government, as well as with the distribution of national income and wealth. Political economy originated in moral philosophy and is a foundation for any serious contemporary economic journalism.
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