political economy

noun

1
2
: the theory or study of the role of public policy in influencing the economic and social welfare of a political unit
political economist noun

Examples of political economy in a Sentence

Recent Examples on the Web Early capitalism and its disciplinary concomitant, the then-nascent field of political economy, understood workers not as people, with a craving for vastness, but as animals, who aspire to nothing more ornate than subsistence. Elizabeth Barber, Harper's Magazine, 8 Feb. 2024 Climate change and technological development are altering the nature of competitive advantage–and with it the political economy of trade. Bybørge Brende, Fortune, 15 Jan. 2024 Chile’s traditional political economy was like an old donkey: slow, half-blind, and incapable of carrying much. Patrick Iber, The New Republic, 15 May 2023 Our introduction of the concept of political order was an effort to understand processes, especially having to do with political economy that cannot be understood within short, brief, electoral cycles. How To Save A Country, The New Republic, 4 May 2023 The centrality of energy in German political economy rests in the country’s distinctive history. Barry Eichengreen, Foreign Affairs, 12 Dec. 2023 Located on the Pacific Rim, with deep historical ties to Asia, we are distinctively poised to address changes in the global political economy sparked by the growing significance of the Asia-Pacific region. Foreign Affairs, 14 Feb. 2023 Hanke noted to Fortune that even the French are amazed by the shift in America’s political economy. Shawn Tully, Fortune, 11 Nov. 2023 Public opinion now ruled the political economy of the nation, these executives believed. TIME, 24 Oct. 2023

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'political economy.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1868, in the meaning defined at sense 1

Time Traveler
The first known use of political economy was in 1868

Dictionary Entries Near political economy

Cite this Entry

“Political economy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/political%20economy. Accessed 18 Apr. 2024.

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