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Why is the welfare state under attack when happiness economics shows it is the system most conducive to human wellbeing syndicate this essay join our newsletter daily/weekly updates on everything new at aeon daily weekly most of us are stoics we think that happiness is something that individuals find for themselves: the key is. Political economy most commonly refers to interdisciplinary studies drawing upon economics, sociology and political science in explaining how political institutions, the political environment, and the economic system—capitalist, socialist, communist, or mixed—influence each other the journal of economic literature classification codes associate political economy. “philosophy of economics” consists of inquiries concerning (a) rational choice, (b) the appraisal of economic outcomes, institutions and processes, and (c) the ontology of economic phenomena and the possibilities of acquiring knowledge of them.
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