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Thorstein Veblen

Late 19th/Early 20th Century

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Thorstein Veblen (1857-1929) was a Norwegian-American economist and sociologist, a leading intellectual of the Progressive Era. He is best known for his trenchant analysis of the 'leisure class' and his development of institutional economics, which examined how social institutions shape economic behavior. His work critiqued neoclassical economics and capitalist culture with a blend of evolutionary theory, anthropology, and sardonic wit.

EconomistSociologist

WORKS

The Theory of the Leisure Class
The Theory of Business Enterprise
The Instinct of Workmanship and the State of the Industrial Arts
Absentee Ownership and Business Enterprise in Recent Times
The Higher Learning in America

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