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political economy thus descends from a theory of society and social processes. Similarly to quantum entanglement where the state … theory to those of Mises and Ikeda about interventionism …
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This paper combines insights from Ludwig von Mises about the mixed economy and Vilfredo Pareto about non-logical action within a social system to explore some intertemporal dynamics of an entangled system of political economy. Mises explained the inherent instability of the mixed economy. Pareto...
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