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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Among those is the optimal scale of the basic economic production unit and the
location where production takes place . These in turn determine whether “ work ”
will be carried out in a specialized location and thus whether households and ...
A Complete Introduction to Thorstein Veblen's Economics Ken McCormick. of
production obsolete . The value of its capital will collapse , even though the firm '
s equipment is no less productive than it was before the new technology
It does not produce all that industry is capable of producing , nor does it produce
all that the population might need . Veblen calls this ... The ability to sabotage
production stems from the institution of ownership . The legal title to capital goods
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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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