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Why did economics stop asking moral questions? In this episode of American Socrates, we uncover the forgotten roots of political economy—where ethics, power, and justice were central to understanding wealth. Learn how modern economics lost its soul, why GDP isn’t enough, and what thinkers like Amartya Sen and Friedrich Hayek can teach us about freedom, inequality, and the future of economic thinking.

Keywords: political economy, moral economics, Amartya Sen, Friedrich Hayek, GDP, justice, economic history, philosophy of economics, capitalism critique, American Socrates podcast

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