Political Economy. Essays on Institutionalism, Marxism, Market Economy as well as Exit and Voice Strategies of Workers

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The essays explore key distinctions among historical, sociological, and rational choice institutionalism while assessing Marxism's influence on political economy. They analyze the exit and voice strategies of tea workers in a specific empirical context and investigate how Latvia's welfare system affects institutional change in the healthcare sector. This work provides a comprehensive examination of various economic theories and their practical implications within a contemporary setting.