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Thorstein Veblen

economist

Thorstein Veblen

American economist and sociologist (1857–1929)

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About Thorstein Veblen

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 (1899), Veblen coined the concepts of conspicuous consumption and conspicuous leisure. Veblen laid the foundation for the perspective of institutional economics. Contemporary economists still theorize Veblen's distinction between "institutions" and "technology", known as the Veblenian dichotomy.

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Facts from Wikidata (CC0). Image via Wikimedia Commons (Public domain).

Occupation

economist, sociologist, writer, professor

Citizenship

United States, Norway

Born

July 30, 1857

Died

August 3, 1929

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Related journals

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Andrew Anderson Veblen

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The Theory of the Leisure Class The Higher Learning In America: A Memorandum On the Conduct of Universities By Business Men The Engineers and the Price System The Theory of Business Enterprise The Vested Interests and the Common Man The Theory of the Leisure Class Socialist Party of America University of Missouri Stanford University University of Chicago

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