This carefully edited collection has been designed and formatted to the highest digital standards and adjusted for readability on all devices.
Thorstein Veblen (1857–1929) was an American economist and sociologist. He is well known as a witty critic of capitalism. Veblen is famous for the idea of “conspicuous consumption.” Conspicuous consumption, along with “conspicuous leisure,” is performed to demonstrate wealth or mark social status.
Content:
The Theory of the Leisure Class
The Theory of Business Enterprise
The Instinct of Workmanship and the State of the Industrial Arts
The Higher Learning in America
Imperial Germany and the Industrial Revolution
The Vested Interests and the Common Man The Engineers and the Price System
The Place of Science in Modern Civilisation
The Evolution of the Scientific Point of View
Why Is Economics Not an Evolutionary Science?
The Preconceptions of Economic Science
Professor Clark's Economics
The Limitations of Marginal Utility
Gustav Schmoller's Economics
Industrial and Pecuniary Employments
On the Nature of Capital
Some Neglected Points in the Theory of Socialism
The Socialist Economics of Karl Marx
Böhm-Bawerk's Definition of Capital and the Source of Wages
The Overproduction Fallacy
The Price of Wheat since 1867
Adolph Wagner's New Treatise
The Food Supply and the Price of Wheat
The Army of the Commonweal
The Economic Theory of Women's Dress
The Instinct of Workmanship and the Irksomeness of Labor
The Beginning of Ownership
The Barbarian Status of Women
Mr. Cummings's Strictures on “The Theory of the Leisure Class”
The Later Railway Combinations
Levasseur on Hand and Machine Labor…
The Use of Loan Credit in Modern Business
Credit and Prices
Fisher's Capital and Income
Fisher's Rate of Interest
The Industrial System and the Captains of Industry
…
