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Entangled Political Economy — Marta Podemska-Mikluch on Complex Connections

Hayek Program Podcast

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Genuine vs. Parasitical Entrepreneurship

This chapter explores the distinction between genuine and parasitical entrepreneurship, emphasizing the value creation through mutually beneficial relationships versus exploitation for personal gain. It further examines the implications of these concepts within political economy, addressing the conflicts in political exchange and the emotional engagement in political support. Additionally, the chapter applies these ideas to healthcare policy during the COVID-19 pandemic, revealing how regulatory frameworks impact innovation and accountability in public health responses.

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