Unlike socialism, however, under communism production and distribution are overseen by the government. Political economy may draw upon sociology, economics, and political science to define how ...

But again, a government is not a business, a national economy, which is closely intertwined with its national government, is not a business. And not just in the obvious sense that it’s not ...

The main plank of Keynes’s theory, which has come to bear his name, is the assertion that aggregate demand—measured as the sum of spending by households, businesses, and the government—is the most ...