Cohen 's book, International Political Economy: An Intellectual History, he references George Santayana 's infamous quote, “Those who cannot remember the past are condemned to repeat it.” This can be seen as a truism in the study of GPE. The historical perspective provides the realm in which scholars can study and debate the history of the international political economy to be able to provide insight in what the current and future actions should be. The variety of models and theories that contradict one another in this perspective are necessary to provide numerous accounts of the history, like Cox argued history and theory are open-ended. New perspectives and analysis produce new concepts for policy in the global field. This can be seen in a great deal of academic research in GPE, including a comparative study done of British and American Hegemony by David
Cohen 's book, International Political Economy: An Intellectual History, he references George Santayana 's infamous quote, “Those who cannot remember the past are condemned to repeat it.” This can be seen as a truism in the study of GPE. The historical perspective provides the realm in which scholars can study and debate the history of the international political economy to be able to provide insight in what the current and future actions should be. The variety of models and theories that contradict one another in this perspective are necessary to provide numerous accounts of the history, like Cox argued history and theory are open-ended. New perspectives and analysis produce new concepts for policy in the global field. This can be seen in a great deal of academic research in GPE, including a comparative study done of British and American Hegemony by David