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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If others are consuming a good , then , in order to fit in , we may feel the need to
consume it too . Anyone who has observed the spread of a fashion trend has
seen the bandwagon effect in action . If others dress in a certain way , individuals
Even if we consume more than our neighbors do , we feel inadequate if we fall
below what we think is the national ... In addition , the mass media has exposed
us to more goods and services than just those customarily consumed in our ...
Advertising creates an image of what “ normal ” people are expected to consume
. The implicit message is that one ' s neighbors are already consuming the good
in question , or will be soon . The intent is to create fear of falling behind in the ...
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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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