Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

political economy

Read a random definition: tax avoidance

A quick definition of political economy:

Political economy is a type of social science that studies how governments handle money and resources, and how their decisions affect the economy. It looks at how politics and economics are connected and how they influence each other. It's like trying to understand how a family budget affects the things they can buy and how much money they have left over.

A more thorough explanation:

Political economy is a social science that deals with the economic problems of government and the relationship between political policies and economic processes. It is concerned with how a community manages or administers its wealth and resources, as well as the sociopolitical organization of those resources.

  • Economy: The management or administration of the wealth and resources of a community (such as a city, state, or country).
  • Black economy: Also known as the shadow economy, it refers to economic activities that are not reported to the government for tax purposes.
  • Overheated economy: An economy that has a high level of economic activity, but can cause interest rates and inflation to rise.

These examples illustrate the different aspects of political economy. The first example shows how a community manages its resources, while the second and third examples demonstrate how economic activities can affect the government and the overall economy. Political economy seeks to understand these relationships and how they can be managed for the benefit of society.

political crime | political equality

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
LSD+ is ad-free, with DMs, discounts, case briefs & more.