Understanding Political Economy

This book unpacks what political economy is and does through an investigation of its main questions and approaches. Bob Hancké, Toon Van Overbeke and Dustin Voss offer a historical and thematic review of the evolution of political-economic thought, centred on the relation between capitalism and democracy. Chapters discuss how interests, ideas and institutions are the methodological and conceptual building blocks of political economy. The authors use these concepts to understand how markets work