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单词 political economy
释义 political economy

The original name of what is now known as economics. The name is still used by some Economics departments. It can be argued that it is actually a better name for the subject, as it draws attention to the political motivation of economic policies: policy-makers and lobbyists are often more concerned with the income distribution than with the efficiency effects of policies.

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更新时间:2025/2/2 12:20:35