Korfez for Nordhaus, Economics, 17th ed. POLITICAL THEORY IS deliberation about the proper organization of collective human existence. It is concerned with understanding political life as it is defined by the public use of power. This investigation of things political has traditionally been understood as an inquiry into the nature of the good life. Since ancient times, the good life has been characterized as a life of reason, shared with others in liberty and grounded in justice. Political theorists describe the components of this life, speculate on its requirements, evaluate its potential, and argue for its achievement. The tradition of political theory, while rich in historical insight, conceptual refinement, ethical debate, and philosophic reflection, is poor in eternal truths and practical implementations. Korfez 2016.