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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For example , people wear clothes in order to protect themselves from the
elements . That function could be accomplished with very simple and
inexpensive garments . But people often choose to wear expensive clothes that
are “ in fashion ...
Failing to wear sufficiently warm clothing on a cold winter ' s day because it does
not look right ” is also evidence of the power ... Only the latest fashions , or
clothes so delicate that they will obviously wear out quickly , prove that one
People often buy new clothes even when they have perfectly good old clothes
that they never wear . The motivation is obviously not a need for warmth , but a
need to meet a social objective . We are driven by our desire to emulate others ,
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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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