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Political economy: Classical political economy, founded by Adam Smith, David Ricardo and Karl Marx, was concerned in particular with the distribution of income and wealth, the role of government in the economy, and the effects of economic growth on society. See also Economics, A. Smith, D. Ricardo, K. Marx.
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Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.

 
Author Concept Summary/Quotes Sources

James M. Buchanan on Political Economy - Dictionary of Arguments

Mause I 59
New Political Economy/Buchanan: The term "economic imperialism" could also include the New Political Economy, whose most important representatives were James Buchanan (1919 - 2013), Anthony Downs (born 1930) and Gordon Tullock (1922 - 2014).
The aim is to extend theoretical economic analyses to other areas of society and to the study of all human behaviour.
VsClassical Economy/VsSmith: economic and political aspects are not combined as in the classics
but political events are seen exclusively through the eyes of homo oeconomicus. (1)(2)


1. A. Downs, An economic theory of democracy. New York 1957 [dt. 1968: Ökonomische Theorie der Demokratie. Tübingen]
2. J. Buchanan, G. Tullock, The calculus of consent. Ann Arbor 1962.


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Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments
The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.

EconBuchan I
James M. Buchanan
Politics as Public Choice Carmel, IN 2000

Mause I
Karsten Mause
Christian Müller
Klaus Schubert,
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018


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Ed. Martin Schulz, access date 2024-04-20
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