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Thorstein Veblen

Contents

Exploring the Legacy of Thorstein Veblen: Economist, Sociologist, Iconoclast

Delve into the life and ideas of Thorstein Veblen, the pioneering economist and sociologist known for his groundbreaking concepts like conspicuous consumption and Veblen goods. Explore his critiques of consumerism, his views on production and economics, and his lasting impact on economic thought.

Unraveling the Concepts of Conspicuous Consumption and Veblen Goods

Discover the origins and implications of Veblen's theories, including the concept of conspicuous consumption, which highlights how individuals use their purchasing power to signal social status. Explore the phenomenon of Veblen goods and their role in modern consumer culture.

A Critique of Capitalism and Consumer Culture

Explore Veblen's critiques of capitalism, production for profit, and consumer culture, and learn how his ideas continue to shape debates around economic theory and policy. Understand his views on institutional economics and the role of social institutions in shaping economic behavior.