A recent RIPE article by Jerry Cohen argues that current research on the political economy of money has stagnated because of its overemphasis on the scientific method and domestic variables. We argue that a wide array of scientifically oriented research on the IPE of money considers the system in many different ways. To help build a dialogue, we categorize each of these conceptions of ‘the system’ and give examples of their application from recent research on the IPE of money. Our hope is that this typology will help scholars of different approaches recognize the similarities and differences in their research, beyond simply whether the research is scientific or heterodox.
- Systemic analysis
- critical theory
- scientific method
ASJC Scopus subject areas
- Sociology and Political Science
- Economics and Econometrics
- Political Science and International Relations