Political Economy as a Methodological Approach

Sheila Dow

Review of Political Economy, 2023, vol. 35, issue 1, 98-110

Abstract: The term ‘political economy’ has been, and still is, applied in a variety of ways. The case is made here for understanding it in terms of a common philosophical/methodological approach to economics. It can therefore encompass a range of bodies of theory that apply some form of open-system approach. The sociological dimension is also considered with respect to the relative power of different approaches within the discipline. The scope for enhancing the influence of the political economy approach is analysed in Kuhnian terms, requiring attention to the establishment of a credible alternative to the mainstream and to facilitating the transition to such an alternative, including the reform of economics education. This strategy reflects an application at a range of levels of the pluralism of the political economy approach.

Date: 2023
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://hdl.handle.net/10.1080/09538259.2022.2061848 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:revpoe:v:35:y:2023:i:1:p:98-110

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/CRPE20

DOI: 10.1080/09538259.2022.2061848

Access Statistics for this article

Review of Political Economy is currently edited by Steve Pressman and Louis-Philippe Rochon

More articles in Review of Political Economy from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().