Economic method, public policy, and society

Adolph Lowe’s political economics

Bibliographic Data

ID21604555
AuthorsMichael J Murray (0000-0002-5407-4633, Bemidji State University, corresponding author)
Year2022
Volume29
Issue4
Pages600-618
Publication date2022-07-04
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueEuropean Journal of the History of Economic Thought (JOURNAL)
Journal identifiersISSN: 0967-2567 • E-ISSN: 1469-5936
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/09672567.2022.2058046
OpenAlexW4220797231
LanguageEN
References cited17

Adolph Lowe questioned the mainstream approach to economic theory beginning in the mid-1920s and spanning a 60-year career. Lowe developed a tripartite approach to political economics which consists of (1) redefining the economic method, (2) structural modelling and analysis, (3) and redefining the political and educational philosophy. This article details Lowe’s basis for economic and public policy and pays particular attention to the need to create an apt political system centred on fostering economic democracy and promoting the interests of the public as a collective towards social ends

Applied economics · Classical economics · Democracy · Economic analysis · Economic growth · Economics · History of economic thought · Mainstream · Mainstream economics · Neoclassical economics · Political economy · Political philosophy · Political science · Politics · Positive economics · Public choice · Public policy · Sociology · Economic Theory and Institutions · Economic Theory and Policy · Law · Political Economy and Marxism · Public Administration