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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People are driven to emulate others , especially those believed to be of higher
status . The form of emulation and the definition of “ higher ” status are
determined by institutions . In the predatory barbarian era property rights
emerged as claims ...
A Complete Introduction to Thorstein Veblen's Economics Ken McCormick.
CHAPTER 10 SOME IMPLICATIONS OF STATUS - DRIVEN CONSUMPTION
One of the real paradoxes of modern life is that industrial productivity is higher
than it has ...
It is " the extent to which the demand for a consumers ' good is increased
because it bears a higher rather than a lower price ” [ Ibid . 189 ] . Higher - priced
goods are better at showing off one ' s wealth than lower - priced goods . If the
object of ...
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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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