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J. K. Galbraith

J. K. Galbraith  

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(1908–2006),American Keynesian, economist born in Ontario, Canada, educated at the universities of Toronto, California, and Cambridge. His distinguished career has ranged from academic posts (he was ...
new political economy

new political economy  

The methodology of new political economy rejects the split between agency and structure characteristic of classical political economy. Instead, it builds on structuration theory, institutional ...
New Right

New Right  

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Theorists who stress the efficacy of the free market for economic and political freedom. The main principles of new‐right philosophy can be found in the works of Hayek and the American economist ...
planning

planning  

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One of the functions of management accounting in which plans for the future activities and operations of an organization are incorporated into its budgets, etc. See also business plan.
policy studies

policy studies  

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Analyses of the process of policy formation. It is, ultimately, difficult to distinguish the study of policy from that of politics, since there can be no politics without policy. Indeed, the French ...
public good

public good  

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A special defence to some charges under section 4 of the Obscene Publications Act 1959 (R v Penguin Books [1961] Crim LR 176). See feature The Obscene Publications Acts.
public interest

public interest  

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The indivisible collective interests of a community or society as judged by the commentator. The provision of public goods is argued to be in the public interest—although practice varies on how wide ...
rational choice theory

rational choice theory  

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A theory in criminology which holds that offenders make rational decisions to seek advantage for themselves by criminal behaviour.

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