Heterodox
By William K. BlackJuly 10, 2018 Bloomington, MN Economists generally focus on increasing productivity as the driver of development. Among the most troubling economic developments in the West in the last decade is the weak gains in productivity, particularly in a time of rapid technological advances. Neoclassical economics pictures firms as engaged in a fierce, endless battle for survival where failure is certain for firms that are even slightly less efficient that their rivals. ...
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