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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Especially can it fairly be claimed that the result of the last few decades of our
industrial development has been to increase greatly the creature comforts of the
average human being . And , decidedly , the result has Introduction XXV.
The primary reason for the durability of habits of thought is that individuals
generally do not acquire them as the result of any reasoning process . They are
not the result of any rational calculation . Rather , all “ right thinking ” people are
led to ...
As a result , capital values ultimately depend on the optimism or pessimism of
investors . In other words , “ the magnitude of the business capital and its
mutations from day to day are in great measure a question of folk psychology
rather than ...
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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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