MATTHEW WATSON is Senior Lecturer in Political Economy, University of Birmingham, UK.

• IntroductionApproaches to International Political Economy: Beyond 'States and Markets'Historicising RationalityAssumptions: IPE in the History of Economic ThoughtThe Classical Tradition of Political Economy: New Foundations for IPEMoral Propriety Within Political Economy: The Work of Adam SmithInstitutional Analysis Within Political Economy: The Work of Thorstein VeblenSocial Embeddedness Within Political Economy: The Work of Karl PolanyiUnderstanding the Market Within Modern SocietyUnderstanding 'the State' Within Modern SocietyApplying the Theoretical Framework (1): GlobalizationApplying the Theoretical Framework (2): International TradeApplying the Theoretical Framework (3): International DevelopmentConclusion.

'This is a remarkable book, surely destined to become an authoritative voice within the evolution of IPE as a discipline.' - Craig Berry, Millenium 'A sophisticated but clearly expressed and accessible text. Matthew Watson does an excellent job in drawing out the relevance of classical political economy for students of international political economy today and makes a strong case for the particular importance of Smith, Veblen and Polanyi.' - Herman Schwartz, University of Virginia, USA

MATTHEW WATSON is Senior Lecturer in Political Economy, University of Birmingham, UK.

• IntroductionApproaches to International Political Economy: Beyond 'States and Markets'Historicising RationalityAssumptions: IPE in the History of Economic ThoughtThe Classical Tradition of Political Economy: New Foundations for IPEMoral Propriety Within Political Economy: The Work of Adam SmithInstitutional Analysis Within Political Economy: The Work of Thorstein VeblenSocial Embeddedness Within Political Economy: The Work of Karl PolanyiUnderstanding the Market Within Modern SocietyUnderstanding 'the State' Within Modern SocietyApplying the Theoretical Framework (1): GlobalizationApplying the Theoretical Framework (2): International TradeApplying the Theoretical Framework (3): International DevelopmentConclusion.

'This is a remarkable book, surely destined to become an authoritative voice within the evolution of IPE as a discipline.' - Craig Berry, Millenium 'A sophisticated but clearly expressed and accessible text. Matthew Watson does an excellent job in drawing out the relevance of classical political economy for students of international political economy today and makes a strong case for the particular importance of Smith, Veblen and Polanyi.' - Herman Schwartz, University of Virginia, USA

MATTHEW WATSON is Senior Lecturer in Political Economy, University of Birmingham, UK.

• IntroductionApproaches to International Political Economy: Beyond 'States and Markets'Historicising RationalityAssumptions: IPE in the History of Economic ThoughtThe Classical Tradition of Political Economy: New Foundations for IPEMoral Propriety Within Political Economy: The Work of Adam SmithInstitutional Analysis Within Political Economy: The Work of Thorstein VeblenSocial Embeddedness Within Political Economy: The Work of Karl PolanyiUnderstanding the Market Within Modern SocietyUnderstanding 'the State' Within Modern SocietyApplying the Theoretical Framework (1): GlobalizationApplying the Theoretical Framework (2): International TradeApplying the Theoretical Framework (3): International DevelopmentConclusion.

'This is a remarkable book, surely destined to become an authoritative voice within the evolution of IPE as a discipline.' - Craig Berry, Millenium 'A sophisticated but clearly expressed and accessible text. Matthew Watson does an excellent job in drawing out the relevance of classical political economy for students of international political economy today and makes a strong case for the particular importance of Smith, Veblen and Polanyi.' - Herman Schwartz, University of Virginia, USA