American Heritage® Dictionary of the English Language, Fourth Edition
- n. The social science that deals with political science and economics as a unified subject; the study of the interrelationships between political and economic processes.
- n. The early science of economics through the 19th century.
- n. economics Interdisciplinary studies drawing upon economics, law, and political science in explaining how political institutions, the political environment, and the economic system — capitalist, socialist, mixed — influence each other.
GNU Webster's 1913
- n. See under Political.
- adj. that branch of political science or philosophy which treats of the sources, and methods of production and preservation, of the material wealth and prosperity of nations.
- n. the branch of social science that deals with the production and distribution and consumption of goods and services and their management
“The Earl of Lauderdale, who was himself an economist of great ability, and by no means a blind follower of Smith, made the remark that we knew nothing of political economy before Adam Smith wrote.”
“Lord Lansdowne's endeavour to shield Smith's political orthodoxy under the countenance lent to his book by so safe and trusted a teacher of the sons of the Whig nobility as Dugald Stewart, is hardly less curious than his unreserved identification of the new political economy with that moving cloud of ideas which, under the name of French principles, excited so much alarm in the public mind of that time.”
“To be sure, China's relatively closed "state-capitalist" political economy puts enormous resources into the hands of the state.”
“Even those publications like the Examiner and Chronicle, which called it “the most pernicious treatise on political economy that has been published for many a day,” only served to enhance its fame.”
“Nicholas Chopin's pupil, Count Frederick Skarbek, must not be forgotten; he had now become a man of note, being professor of political economy at the university, and author of several books that treat of that science.”
“Subordinate to this was the issue of Free Trade and Protection, with the school of so-called American political economy arrayed against that of Adam Smith.”
“EDMUND PHELPS is a professor of political economy at Columbia University.”
“This change of location was, even from the viewpoint of colonial policy and political economy an incomprehensible micarriage of justice towards the missionaries and the Indians alike, whose wishes had not been consultedin any manner; it was "one of the most tyrannical commands that was ever issued in the recklessness of unfeeling power”
“He re-crossed the Alps, and settled to his work on political economy at Mornex, where he spent the winter except for a short run home, which gave him the opportunity of addressing the Working Men's College on November 29.”
“Stanley Jevons wrote a treatise on political economy in which the struggle for existence was reduced to “a Calculus of Pleasure and Pain.””
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