Showing results for "Principles of Institutional and Evolutionary Political Economy" in All Categories

The works of the English political economist David Ricardo (1772-1823), and particularly his most important work, The Principles of Political Economy and Taxation, lie at the heart of the laissez faire school of economics, preceded by Adam Smith and followed by John Stuart Mill. Economic growth, economic freedom - free trade rather than mercantilism, or controlled trade - was the fundamental attitude. Having been disowned by his Sephardic Jewish family for marrying outside the faith at the age of 21, Ricardo went on to make his own fortune.

Political races in the United States rely heavily on highly paid political consultants who carefully curate the images of politicians, advise candidates on polling and analytics, and shape voters' perceptions through marketing and advertising techniques. More than half of the $6 billion spent in the 2012 election went to consultants who controlled virtually every aspect of the campaigns, from polling, fundraising, and media to more novel techniques of social media and micro-targeting.