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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CHAPTER 1 INSTINCTS Veblen saw people as active agents . They have “
propensities and habits which seek realisation and expression in unfolding
activity ” [ Veblen , 1919 , 74 ] . In other words , people have purposes which go
beyond a ...
We use our reason to help us figure out how to meet these goals , but reason is
subservient to our instincts . ... but the human spirit , that is to say the racial
endowment of instinctive proclivities , decides what they shall take thought of ,
and how ...
The instinct of workmanship can be defined as “ a taste for effective work , and a
distaste for futile effort ” ( Veblen , 1899 , 15 ) . People have an instinctive affinity
for efficiency and a dislike of waste ; that affinity has helped the species to survive
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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.
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