political economy


Definition of political economy

2 : the theory or study of the role of public policy in influencing the economic and social welfare of a political unit

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Other Words from political economy

political economist noun

Examples of political economy in a Sentence

Recent Examples on the Web Chinese media and the internet have developed along two separate but ultimately repressive paths, my doctoral research on the political economy of the Chinese internet shows. Yuqi Na, The Conversation, "Coronavirus unites a divided China in fear, grief and anger at government," 2 Mar. 2020 Catch up: Lebanon’s refuse crisis says a lot about its political economy. Mike Ives, New York Times, "Pete Buttigieg, Coronavirus, Tesla: Your Wednesday Briefing," 5 Feb. 2020 Moreover, the blatant faults of today’s governments lead us to resist public policy in general, thus forgetting that Adam Smith was the founder of political economy. K.n.c., The Economist, "Open Future A cry for freedom in the algorithmic age," 10 Jan. 2020 Yet as an argument about political economy, the book relies on melodrama and caricature, leaving much asserted but little proved. Benjamin C. Waterhouse, Washington Post, "A history of America’s fight against monopolies," 6 Dec. 2019 Nyerere, who had studied anthropology and political economy at St. Andrews University in Scotland in the 1950s, argued that natural resource products were doomed to fall in value relative to manufactures. Edward Lotterman, Twin Cities, "Edward Lotterman: Taconite layoffs manifest old debate," 22 Nov. 2019 As American politics shifted steadily rightward between the Nixon and Clinton presidencies, so, too, did the discourse surrounding race and the country’s political economy. Adolph Reed Jr., The New Republic, "The Myth of Class Reductionism," 25 Sep. 2019 And even the willingness to succeed will not be sufficient, the political economy, capacity, power, and resources should be taken into consideration to bridging the gap between the praiseworthy intentions and the implementation outcomes. Landry Signé, Quartz Africa, "Nigeria’s Benin border closure is an early warning sign for the African free trade deal’s optimism," 2 Nov. 2019 Neil Malhotra, a political economy professor at the Stanford Graduate School of Business, has studied political attitudes in Silicon Valley and the tech sector. BostonGlobe.com, "Andrew Yang brings Silicon Valley’s upstart spirit to 2020 bid - The Boston Globe," 13 Sep. 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'political economy.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of political economy

1868, in the meaning defined at sense 1

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Time Traveler for political economy

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The first known use of political economy was in 1868

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Statistics for political economy

Last Updated

15 Mar 2020

Cite this Entry

“Political economy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/political%20economy. Accessed 9 Apr. 2020.

More from Merriam-Webster on political economy

Britannica.com: Encyclopedia article about political economy

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