International Political Economy
Some command economies claim to act to promote economic equality, but typically the elites within the government stay far better than others. Citizens feel vulnerable within the face of cross-border commerce, investment, monetary markets, and labor market risks. Fearing immigration, rising inequalities, and a changing welfare state, many go for extra ‘populist’ political actions of the unconventional left or proper.
Given the emphasis on causal mechanisms rather than on regularities and correlations, easy statistical testing is not going to suffice to ascertain the validity of a speculation. Instead, from the observational proof, abstractions have to be made to be able to verify the validity of a supposed causal mechanism. As such, for instance, counterfactual case studies or thought experiments may need to be performed so as to check the explanatory energy of a hypothesis.
The constant use of the dialectical technique additionally assumes that the method of analysis has been … Read More