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Matei Alexandru APĂVĂLOAEI
Academia de Studii Economice din Bucureşti
Starting from the Misesian theory of interventionism, political integration is presented as a coordination attempt on the part of political entrepreneurs to make viable and prolong policy measures that were initially employed at national level but are inherently doomed to fall short of attaining their publically stated goal. By nuancing the Austrian theory of interventionism with the actions of political entrepreneurs, particularly by emphasizing the logic behind political action, the paper will attempt to present a realist theory of political integration, while defending the Misesian theory of interventionism against allegations of never reaching either one of the predicted outcomes: socialism or laissez-faire.
ŒCONOMICA no. 3/2014
Keywords: interventionism, free market, political integration, economic integration
JEL: B53, F15, F50
An Economic and Political Analysis of Interventionism: The Place of Political Integration [O analiză economică şi politică a intervenţionismului: locul integrării politice]
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