IDEAS home Printed from https://ideas.repec.org/a/pes/ierequ/v9y2014i4p103-110.html
   My bibliography  Save this article

Methodological Problems Of Modern Political Economy Subject

Author

Listed:
  • Maria Tyshchenko

    (Vadim Getman Kyiv National Economic University, Ukraine)

Abstract

The article addresses the problem of new political economy as grand (if imperfect) synthesis of various strands. Exploring different approaches reveals a set of the problems concerning the rise of economic society. We show in the article through the classical approach that political economy responds to and contributes to economics, so far as the older sense of politics is concerned. Most approaches to political economy treat the private sector as the primary arena. It sets agendas and ultimately governs outcomes. The idea of a collective or public reality different in nature from the system of private interests holds little appeal for political economy. In our view, the main difficulty of political economy, common to different approaches, lies in the tendency to gloss over the separateness of the two spheres, the economic and the political one, absorbing one into the other. The main topic of our survey is the importance of understanding and appreciating the categorical distinction between politics and economics, and the dangers of making one or the other dominant in both realms.

Suggested Citation

  • Maria Tyshchenko, 2014. "Methodological Problems Of Modern Political Economy Subject," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 9(4), pages 103-110, December.
  • Handle: RePEc:pes:ierequ:v:9:y:2014:i:4:p:103-110
    DOI: 10.12775/EQUIL.2014.027
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.12775/EQUIL.2014.027
    Download Restriction: no

    File URL: https://libkey.io/10.12775/EQUIL.2014.027?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Joseph E. Stiglitz, 2002. "Information and the Change in the Paradigm in Economics," American Economic Review, American Economic Association, vol. 92(3), pages 460-501, June.
    2. Alt, James E., 1985. "Political Parties, World Demand, and Unemployment: Domestic and International Sources of Economic Activity," American Political Science Review, Cambridge University Press, vol. 79(4), pages 1016-1040, December.
    3. Amitai Etzioni, 2010. "A New Political Economics—and Political Economy," Challenge, Taylor & Francis Journals, vol. 53(3), pages 121-127.
    4. Nuno Martins, 2011. "The Revival of Classical Political Economy and the Cambridge Tradition: From Scarcity Theory to Surplus Theory," Review of Political Economy, Taylor & Francis Journals, vol. 23(1), pages 111-131.
    5. Timothy Besley, 2007. "The New Political Economy," Economic Journal, Royal Economic Society, vol. 117(524), pages 570-587, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jael, Paul, 2019. "Does Marginal Productivity Mean Anything in Real Economic Life ?," MPRA Paper 97968, University Library of Munich, Germany, revised Jan 2020.
    2. Catherine Locatelli & Sylvain Rossiaud, 2011. "A neoinstitutionalist interpretation of the changes in the Russian oil model," Post-Print halshs-00631115, HAL.
    3. von Davier, Z. & Bahrs, E., 2008. "Leistungsorientierte Lohngestaltung in der Landwirtschaft - Ergebnisse einer empirischen Analyse," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 43, March.
    4. Schnellenbach, Jan & Schubert, Christian, 2015. "Behavioral political economy: A survey," European Journal of Political Economy, Elsevier, vol. 40(PB), pages 395-417.
    5. Guesmi, Khaled & Nguyen, Duc Khuong, 2011. "How strong is the global integration of emerging market regions? An empirical assessment," Economic Modelling, Elsevier, vol. 28(6), pages 2517-2527.
    6. Thore, Sten, 2022. "Sustainable development goal deficits and the Covid 19 pandemic," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
    7. Mingyu Liu, 2024. "Structural and functional analysis of Buchanan’s constitutional contract," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-8, December.
    8. Joan Luft & Michael Shields, 2002. "Zimmerman's contentious conjectures: describing the present and prescribing the future of empirical management accounting research," European Accounting Review, Taylor & Francis Journals, vol. 11(4), pages 795-803.
    9. Claire A. Hill & Brett H. McDonnell, 2012. "Introduction: The Evolution of the Economic Analysis of Corporate Law," Chapters, in: Claire A. Hill & Brett H. McDonnell (ed.), Research Handbook on the Economics of Corporate Law, chapter 1, Edward Elgar Publishing.
    10. Anna Fielder & Riina Vuorikari & Nuria Rodriguez-Priego & Yves Punie, 2016. "Background Review for Developing the Digital Competence Framework for Consumers: A snapshot of hot-button issues and recent literature," JRC Research Reports JRC103332, Joint Research Centre.
    11. Silvio Vismara, 2018. "Information Cascades among Investors in Equity Crowdfunding," Entrepreneurship Theory and Practice, , vol. 42(3), pages 467-497, May.
    12. Calixto Salomão Filho, 2015. "Monopolies and Underdevelopment," Books, Edward Elgar Publishing, number 16587.
    13. Daron Acemoglu & James A. Robinson, 2013. "Economics versus Politics: Pitfalls of Policy Advice," Journal of Economic Perspectives, American Economic Association, vol. 27(2), pages 173-192, Spring.
    14. Kornai, János, 2008. "A kapitalizmus néhány rendszerspecifikus vonása [Some system-specific features of capitalism]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(5), pages 377-394.
    15. Marc Audi & Amjad Ali, 2023. "Public Policy and Economic Misery Nexus: A Comparative Analysis of Developed and Developing World," International Journal of Economics and Financial Issues, Econjournals, vol. 13(3), pages 56-73, May.
    16. Chang Wen-Chun, 2008. "Toward Independence or Unification?," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 13(2), pages 124-153, January.
    17. David Brady, 2003. "The Politics of Poverty: Left Political Institutions, the Welfare State and Poverty," LIS Working papers 352, LIS Cross-National Data Center in Luxembourg.
    18. Cruces, Guillermo & Perez-Truglia, Ricardo & Tetaz, Martin, 2013. "Biased perceptions of income distribution and preferences for redistribution: Evidence from a survey experiment," Journal of Public Economics, Elsevier, vol. 98(C), pages 100-112.
    19. Pollitt, M. G., 2024. "David Michael Garrood Newbery (1943-)," Cambridge Working Papers in Economics 2442, Faculty of Economics, University of Cambridge.
    20. Machovec Frank M., 2015. "Uncertainty: Blessing or Curse?," Man and the Economy, De Gruyter, vol. 2(2), pages 119-151, December.

    More about this item

    Keywords

    new political economy; policy analysis; subject of political economy;
    All these keywords.

    JEL classification:

    • B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925
    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pes:ierequ:v:9:y:2014:i:4:p:103-110. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Adam P. Balcerzak (email available below). General contact details of provider: https://edirc.repec.org/data/ibgtopl.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.