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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... no ceremonial baggage . Its most efficient use is all that matters . The concern
for efficiency embodied in cause - and - effect thinking may lead some to look at
habitual ways of doing things and to ask if there might be a better way to do them
... efficiency The terms in the right - hand column represent things that promote
the well being of the community as a whole . They are , in a sense ,
manifestations of group - regarding instincts . Terms in the left - hand column
represent things ...
Industrial efficiency , which benefits humanity as a whole , is sacrificed on the
altar of short - run profit for domestic firms . All of the tariffs , subsidies and
administrative barriers “ are taken for the benefit of business , to stabilise , fortify
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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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