a) Smith, Ricardo and Marx believed profit falls over time. Discuss.( 40 marks) b) Discuss the Thorstein
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Question:
a) Smith, Ricardo and Marx believed profit falls over time. Discuss.( 40 marks)
b) Discuss the Thorstein Veblen's criticism of Neoclassical Theory. Why was Mitchell's antitheoretical position more successful than Veblen's alternative theoretical position? ( 30 marks)
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