International relations & diplomacy
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A Crisis of Political Economy
By George Friedman, Stratfor Global Intelligence
“Classical political economists like Adam Smith or David Ricardo never used the term ‘economy’ by itself. They always used the term ‘political economy.’ For classical economists, it was impossible to understand politics without economics or economics without politics. The two fields are certainly different but they are also intimately linked. The use of the term ‘economy’ by itself…
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