Whither (Positive) Political Economy? One Reading

Abstract

Larry Wade has produced a remarkable collection of essays on the dominant approaches to political economy. This concluding essay explores areas of agreement and disagreement among the three approaches and the direction in which positive political economy may, and perhaps should, proceed. Although I share Wade’s suspicion that a fully satisfactory or unequivocal synthesis of all approaches to political economy is probably impossible, I will suggest certain lines of thinking which could, problematically, facilitate some useful progress in that direction