‘Modern common-sense holds that the scientist's answer is the only ultimately true one.’
This volume is a collection of essays written by Thorstein Veblen in the early twentieth century. One of the most original economists and social critics of his time, Veblen had an interest in a wide variety of topics. The essays in this book range from social criticism and economic reflection to philosophical inquiry and reveal the fundamental social and economic forces that continue to influence society to this day.
Thorstein Veblen was an American economist and social scientist who made important contributions to the study of economic institutions and the study of social class. He is best known for his book The Theory of the Leisure Class which introduced the term “conspicuous consumption”.