I’m reading (skimming, actually) Benjamin Cohen’s International Political Economy: An Intellectual History, partly to better understand my field and partly to seek inspiration for my upcoming dissertation proposal. The book is leading me to reflect upon myself within my discipline and I’m pleased to note that I am beginning to feel that I do—in some intrinsic way, both intellectually and temperamentally—belong in this field. The more collegial nature of study and debate at the postgraduate level—in my university at least—makes a big difference.
Yesterday I wrote that ‘the role of the politics department is to constantly remind the economics department than life just isn’t that simple’. Cohen writes that ‘theorists of every stripe face a fundamental trade-off between parsimony and detail—between the deductive simplicity required for theoretical generalization and the inductive description required to assure external validity. Mainstream economists favour deductive simplicity…’ I was also speaking to my colleagues at the workshop and telling them that I felt that as students of politics we have an inferiority complex in relation to economists. I’m somehow gratified to find that Cohen reports that both these phenomena are common hallmarks of bona fide international political economists.
Reading Cohen’s chapter on the British School (not to be confused with IR’s English School), I find myself more aware than ever how firmly I place myself in that camp, as opposed to the American School. Perhaps that’s inevitable, given my academic history thus far, but as suggested in this post’s title, being able to associate myself with something like that does provide a strong feeling of belonging. I’ve also been pleased to find a description of the birth of the International Political Economy Group (now part of BISA), under the auspices of Susan Strange. I am today a member of IPEG and reading of its creation gives me a pleasing sense of history and continuity.
(Well, if she ever really went away.) Yes, sales of the book once reported to be second only to The Bible in Americans’ reading habits is once again in the news. Ayn Rand’s Atlas Shrugged is a fictionalised defence of free market (fundamentalist) capitalism. I’ve heard rumours that the book’s Amazon sales ranking correlates very well to the peaks and troughs of the Dow Jones in recent months… It has also been 
