""The Engineers and the Price System"" is a book written by Thorstein Veblen, a prominent American economist and social critic, published in 1921. In this book, Veblen examines the role of engineers in the economic system and their relationship with the price system.Veblen argues that engineers, as experts in technical efficiency, have the potential to play a critical role in shaping the economic system. However, he also notes that the price system, which is driven by profit motives and market forces, often undermines the efforts of engineers to create efficient and sustainable systems.Veblen uses historical examples and case studies to illustrate his arguments, including the development of the railroads in the United States and the emergence of the automobile industry. He also discusses the impact of technological advancements on the economy and the role of government in regulating and managing the economic system.Overall, ""The Engineers and the Price System"" is a thought-provoking analysis of the relationship between technology, economics, and society. It offers insights into the challenges and opportunities facing engineers and policymakers in creating a more efficient and equitable economic system.The Guardians of the Vested Interests...have allowed their own knowledge of this sinister state of things to unseat their common sense....they have gone in for a headlong policy of clamor and repression, to cover and suppress matters of fact and to shut off discussion and deliberation. And all the while the Guardians are also feverishly at work on a mobilization of such forces as may hopefully be counted on to ""keep the situation in hand"" (I love Veblen)This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.
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.
Daniel Bell (1919-2011) was professor emeritus of sociology at Harvard University and is best known for his work and contributions to post-industrialism. He had been editor of the publications The New Leader, Fortune, and The Public Interest. He is the author of The End of Ideology, The Winding Passage: Sociological Essays and Journeys, and The Social Sciences since the Second World War.
