Veblen in Plain English: A Complete Introduction to Thorstein Veblen's Economics
Cambria, 2006 - 144 páginas
This comprehensive introduction to Thorstein Veblen's economics, written by distinguished economist Dr. Ken McCormick, is intended for the student and the non-specialist. A complete interpretation of Veblen's work is presented and includes an analysis of instincts and institutions, technology, social and institutional change, and capital and business enterprise. In addition, consumer behavior, conspicuous leisure, status-driven consumption and its implications are also discussed in detail. The work also includes a Foreword by Dr. Rick Tilman, a noted Veblen scholar.
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Nature endows humans with innate behavioral tendencies that Veblen called
instincts . Instincts are themselves subject to evolutionary change over long
periods of time . Nurture , in the form of institutions such as learned habits of
thought and ...
The gradual rise of the middle class marks a transition to what Veblen called the
handicraft era . It is characterized by a significant number of independent
craftsmen and businessmen . Veblen described it as peaceable or quasi -
... reached what may be called the normal pecuniary standard of the community ,
or of his class in the community , this chronic dissatisfaction will give place to a
restless straining to place a wider and ever - widening pecuniary interval
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This is a wonderful book! It reads very well gives you the basic outline for different topics that Veblen wrote on. Each topic will cover material from anything he wrote, not just looking at the theory of leisure class or the theory of the business enterprise in isolated. This book is especially import since Veblen's own way to right things can be very confusing, but McCormick makes Veblen easy to understand.
The Last Train Runs the Fastest
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