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Political economy becomes visible when life isn’t going so well for you. When the factory in your town moves offshore, you can see that trade policy has adversely affected your life.
Jason Devine provides an overview of the intellectual roots of Marx’s approach and explains the dialectical logic of his ...
In the theoretical framework of classical political economy, including the revisions of Marx and the more recent work of Piero Sraffa and others, the concept of the subsistence wage figures ...
President Biden on Tuesday touted that President-elect Trump will inherit the “strongest economy in modern history" despite how Americans are still dealing with inflation.
A peculiar model of post-communist political economy has evolved in Belarus under President Aliaksandr Lukashenka. It features prioritisation of non-entrepreneurial social groups, a strong role for ...
Like West Virginia, it’s a place the 21st-century economy seems to have left behind, whose population is in decline, with younger people in particular leaving for opportunities elsewhere.
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