INTERNATIONAL. Classical political economists like Adam Smith or David Ricardo never used the term “economy” by itself. They always used the term “political economy.” For classical economists, it was impossible to understand politics without economics or economics without politics.
The two fields are certainly different but they are also intimately linked. The use of the term “economy” by itself did not begin until the late 19th century.
Smith understood that while an efficient market would emerge from individual choices, those choices were framed by the political system in whi
UAE. The MEA region will see a 6-fold growth in IP traffic - (CAGR of 41%) from 2015-2020; Internet traffic in 2020 will be equivalent to 527x the volume of the entire Internet in the region in 2005; Mobile data traffic will grow 15-fold from 2015 to 2020 (CAGR of 71%) - 2 times faster growth than fixed IP traffic.