caa a22 4500 60616779X CHVBK 20210128100704.0 cr unu---uuuuu 210128e20150701xx s 000 0 eng 10.1007/s11127-015-0273-8 doi (NATIONALLICENCE)springer-10.1007/s11127-015-0273-8 From mixed economy to entangled political economy: a Paretian social-theoretic orientation [Elektronische Daten] [Meg Patrick, Richard Wagner] This paper compares and contrasts two visions of political economy. These visions aren't antagonistic, just different. The mixed economy vision associated with Ludwig von Mises and Sanford Ikeda treats politics as intervening into markets. The entangled political economy vision treats politics and markets as overlapping subsystems within a society. Entangled political economy thus descends from a theory of society and social processes. Similarly to quantum entanglement where the state of a particle cannot be described independently of that of other particles, entanglement in political economy means that rational market action cannot be defined independently of rational political action. The focal point of entangled political economy, moreover, is on individual actors and their search for gain within different action environments. Interaction among individuals across those environments generates societal tectonics, thereby adding insights from Vilfredo Pareto about social theory to those of Mises and Ikeda about interventionism. Springer Science+Business Media New York, 2015 Dynamics of intervention nationallicence Mixed economy nationallicence Entangled political economy nationallicence Vilfredo Pareto nationallicence Social theory nationallicence Societal tectonics nationallicence Non-logical action nationallicence Political entrepreneurship nationallicence Patrick Meg Department of Economics, George Mason University, 3G4, 22030, Fairfax, VA, USA aut Wagner Richard Department of Economics, George Mason University, 3G4, 22030, Fairfax, VA, USA aut Public Choice Springer US; http://www.springer-ny.com 164/1-2(2015-07-01), 103-116 0048-5829 164:1-2<103 2015 164 11127 https://doi.org/10.1007/s11127-015-0273-8 text/html Onlinezugriff via DOI BK010053 XK010053 XK010000 Metadata rights reserved Springer special CC-BY-NC licence nationallicence 1 research-article jats NATIONALLICENCE NATIONALLICENCE NL-springer NATIONALLICENCE 856 40 https://doi.org/10.1007/s11127-015-0273-8 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Patrick Meg Department of Economics, George Mason University, 3G4, 22030, Fairfax, VA, USA aut NATIONALLICENCE 700 1- Wagner Richard Department of Economics, George Mason University, 3G4, 22030, Fairfax, VA, USA aut NATIONALLICENCE 773 0- Public Choice Springer US; http://www.springer-ny.com 164/1-2(2015-07-01), 103-116 0048-5829 164:1-2<103 2015 164 11127