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Erik K. Olsen’s “Unproductive Activity and Endogenous …

Erik K. Olsen’s “Unproductive Activity and Endogenous Technological Change in a Marxian Model of Economic Reproduction and Growth” receives the Review of Radical Political Economics best paper award.

Abstract: This paper integrates unproductive activity into a Marxist growth model based on Marx’s reproduction schemes. Labor extraction and technological change are related to the production and distribution of surplus and thus are endogenous. Continue reading