What Is Public Choice Theory? How Economics Explains Politics
Public choice theory applies economic reasoning to political actors. Politicians, voters, and bureaucrats pursue self-interest, not the common good.
All articles tagged with "Political Economy"
Public choice theory applies economic reasoning to political actors. Politicians, voters, and bureaucrats pursue self-interest, not the common good.
Socialism is one of the most contested words in politics. This is a clear-eyed account of what it actually means, what varieties exist, what the...
A thorough guide to neoliberalism: Hayek and Friedman's intellectual foundations, the Chicago School, Thatcherism and Reaganism, globalization and...
Comparative politics is the systematic study of political systems across countries. From Mill's methods and Dahl's polyarchy to Duverger's Law,...
What is capitalism? From Adam Smith and Marx to Piketty and Varieties of Capitalism — a thorough exploration of how capitalism emerged, how it...
Globalization delivered the fastest poverty reduction in history and generated the political backlash reshaping the world.
The labor theory of value is Marx's foundational economic concept. Understand its origins in Ricardo, Marx's development of it, the transformation...