Thorstein Veblen

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These volumes provide an in-depth study of Thorstein Veblen (1857-1929) whose best-known work, "The Theory of the Leisure Class, " elaborated the concept of "conspicuous consumption." Veblen's work on institutional economics drew on social Darwinism to emphasize the important role of the social and political non-economic environment in shaping economic activity. Veblen went on to criticize much of orthodox economics for its failure to take account of the structural evolution of this non-economic environment. The papers gathered in these volumes show how Veblen's work has been received and modified from contemporary sources to the present day. "Thorstein Veblen: Critical Assessments" is the fifteenth work in the Routledge series of "Critical Assessments of Leading Economists and Contemporary Economists." Each set presents a comprehensive selection of the critical literature on the life and works of a leading economist.

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