Thorstein Veblen was probably the greatest economist working in early 20th century America. In this treatise, Veblen sets out the preconceptions and uninformed ideas people have when beginning to study the economy, taking each problem and addressing it in turn, hoping to open the readers mind to a better understanding of one of the most difficult and complex problems of the modern world, the economy. We are republishing this work with a brand new short introductory biography of the author.
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Thorstein Veblen (1857-1929) was perhaps the most famous American economist and social critic of his time. He taught at the universities of Chicago and Missouri, Stanford University, and the New School for Social Research. His many books include The Theory of Business Enterprise, The Higher Learning in America, and The Theory of the Leisure Class, all available from Transaction.
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