Poleetical economy

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Jean-Jacques Rousseau, Discours sur l'oeconomie politique, 1758

Poleetical economy is a term uised for studyin production an trade, an thair relations wi law, custom, an govrenment, as well as wi the distribution o naitional income an wealth. Poleetical economy oreeginatit in moral filosofie. It wis developed in the 18t century as the study o the economies o states, or polities, hence the term poleetical economy.