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._____________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. |