Over its long lifetime, "political economy" has had many different meanings: the science of managing the resources of a nation so as to provide wealth to its inhabitants for Adam Smith; the study of how the ownership of the means of production influenced historical processes for Marx; the study of the inter-relationship between economics and politics for some twentieth-century commentators; and for others, a methodology emphasizing individual rationality (the economic or "public choice" approach) or institutional adaptation (the sociological version). This Handbook views political economy as a grand (if imperfect) synthesis of these various strands, treating political economy as the methodology of economics applied to the analysis of political behavior and institutions.
This Handbook surveys the field of political economy, with fifty-eight chapters ranging from micro to macro, national to international, institutional to behavioral, methodological to substantive. Chapters on social choice, constitutional theory, and public economics are set alongside ones on voters, parties and pressure groups, macroeconomics and politics, capitalism and democracy, and international political economy and international conflict.
A fine introductory/reference volume that should go on the desktop of anyone doing graduate work in political science, public policy, or international relations. The Oxford Handbook of Political Economy contains a series of well-crafted essays on major areas and issues in those fields, and offers up straightforward introductions to key ideas and theories across areas both domestic and international. At over a thousand pages, this isn't something to carry around to class, but it's a reference volume that does belong there on the work desk of anyone who wants to understand that political science or economics or international relations should be part of an interdisciplinary subject called "political economy"---- a subject where politics, history, sociology, and economics all flow together.