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Thorstein Veblen (1857 -1929) was a Norwegian-American sociologist and economist. He received his Ph.D. in 1884 at Yale University. In 1892, he became a professor at the University of Chicago. The Theory of the Leisure Class (1899) is his most well known work. Veblen developed a 20th century evolutionary economics based upon Darwinian principles and new ideas emerging from anthropology, sociology, and psychology. An excerpt from the Introduction reads, "What are the terms on which peace at large may hopefully be installed and maintained? What, if anything, is there in the present situation…mehr

Produktbeschreibung
Thorstein Veblen (1857 -1929) was a Norwegian-American sociologist and economist. He received his Ph.D. in 1884 at Yale University. In 1892, he became a professor at the University of Chicago. The Theory of the Leisure Class (1899) is his most well known work. Veblen developed a 20th century evolutionary economics based upon Darwinian principles and new ideas emerging from anthropology, sociology, and psychology. An excerpt from the Introduction reads, "What are the terms on which peace at large may hopefully be installed and maintained? What, if anything, is there in the present situation that visibly makes for a realisation of these necessary terms within the calculable future? And what are the consequences presumably due to follow in the nearer future from the installation of such a peace at large? And the answer to these questions is here sought not in terms of what ought dutifully to be done toward the desired consummation, but rather in terms of those known factors of human behaviour that can be shown by analysis of experience to control the conduct of nations in conjunctures of this kind."
Autorenporträt
Thorstein Bunde Veblen (July 30, 1857 - August 3, 1929) was an influential American economist and sociologist, renowned for his critical analysis of capitalism and his contributions to institutional economics. Veblen's most famous work, The Theory of the Leisure Class (1899), introduced the concepts of "conspicuous consumption" and "conspicuous leisure," which critique the extravagant display of wealth and status by the upper class. His work examined how the wealthy class's consumption patterns are driven by the desire to show social superiority rather than for practical use, and he argued that this behavior leads to societal inefficiency and waste. Veblen's theories also laid the groundwork for the institutional economics perspective, emphasizing the role of institutions, such as laws, customs, and social structures, in shaping economic behavior. He distinguished between "institutions" and "technology," a framework known as the Veblenian dichotomy, which remains influential in contemporary economic thought. Veblen's critiques of capitalism, alongside his focus on the broader societal context in which economic activities occur, have made him a significant figure in the field of economics and sociology.