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

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.