Thorstein Bunde Veblen (July 30, 1857 – August 3, 1929) was an American economist and sociologist who, during his lifetime, emerged as a well-known critic ...
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A Veblen good is a type of luxury good, named after American economist Thorstein Veblen, for which the demand increases as the price increases, ...
Thorstein Veblen
American economist and sociologist
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Thorstein Bunde Veblen was an American economist and sociologist who, during his lifetime, emerged as a well-known critic of capitalism.
In his best-known book, The Theory of the Leisure Class, Veblen coined the concepts of conspicuous consumption... Wikipedia
Born: July 30, 1857, Cato, WI
Died: August 3, 1929 (age 72 years), Palo Alto, CA
Influenced: John Kenneth Galbraith, Wesley Clair Mitchell, C. Wright Mills, and more
Influenced by: John Dewey, Immanuel Kant, William James, and more
Education: Yale University (1884), Carleton College (1880), Cornell University, and more
Parents: Thomas Veblen and Kari Bunde
Veblen is best known for his book The Theory of the Leisure Class, which introduced the term “conspicuous consumption” (referring to consumption undertaken to ...
Veblen was one of the first academics to examine seriously the relationship between consumption and wealth in society. Although he trained and worked as an ...
Thorstein Veblen was an American economist best known for coining the term "conspicuous consumption," which appeared in his book "The Theory of the Leisure ...
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Although Veblen acknowledges value in the leisure class's contributions, he believes that manual, material work has a far greater effect upon a given economy.
Dec 14, 2023 · This article is the first comprehensive account of Veblen's views on socialism. While Veblen had strong socialist sympathies, ...
A Veblen good is a type of good for which demand increases as the price rises, typically due to its exclusivity and perceived social value.
Thorstein Veblen was odd man out in late-nineteenth and early-twentieth-century American economics. His position on the fringe started early.
Apr 12, 2024 · Thorstein Veblen was an American economist and social scientist who sought to apply an evolutionary, dynamic approach to the study of ...