Palley, Thomas I. - Institut für Makroökonomie und Konjunkturforschung … - 2010
long run growth outcomes. Third, managerial pay links neo-classical Marxist theory with Post Keynesian growth theory. Neo …-classical Marxists focus on why firms may choose inefficient production techniques. Similar logic carries over to Post Keynesian growth … theory and firms may choose techniques that lower growth because they increase profits. …