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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The same argument can be applied to labor , land , or anything else that
contributes to production . Adding more labor or land generally increases output ,
so labor and land are said to be productive . Veblen rejected Clark ' s analysis for
Veblen argued that neoclassical economists did not count technology as a
productive factor like capital , labor and land because it doesn ' t receive a
payment such as profit , wages or rent ( 1921 , 27 - 8 ) . Economists and others
have made ...
overlooked that the argument involves the ulterior conclusion that all land values
and land productivity , including the “ original and indestructible powers of the
soil , ” are a function of the “ state of the industrial art . ” It is only within the given ...
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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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