Political Economy

Citizen Candidate: A Model of Representative Government
An exploration of the citizen candidate model where any citizen can run for political office, its historical context, key events, and implications in political economics.
Corporatism: Political Economic System of Collective Negotiation
Corporatism is a political economic system in which economic decisions are achieved through negotiation between centralized corporate bodies representing interest groups, focusing on collective negotiations, social justice, and the preservation of private property.
Median Voter Theorem: Explanation and Implications
An in-depth look at the Median Voter Theorem, a fundamental result in political economics that describes how the median voter's preference dominates in a majority voting system. Includes historical context, key concepts, mathematical models, and real-world examples.
Socialism: The Collective Utilization of Economic Resources
An in-depth examination of Socialism, its historical context, types, key events, detailed explanations, models, and its importance and applicability.
Surplus Value: A Comprehensive Overview
An in-depth exploration of Surplus Value, its historical context, significance in economics, key events, mathematical models, and more.
Public Choice: Application of Economic Theory to the Public Sector
Public Choice is a field that applies economic theory to analyze the decision-making processes, behaviors, and outcomes in the public sector, especially in relation to the demand and supply of government services. Analysts treat the public sector as a supplier focused on maximizing its welfare and supporting incumbent politicians' reelection.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.