Thorstein Veblen

Economist

Thorstein Veblen was a Norwegian-American economist and sociologist, renowned for his institutional economics approach. He is most famous for his 1899 book, "The Theory of the Leisure Class," which introduced the influential concepts of conspicuous consumption and conspicuous leisure. As a leading intellectual of the Progressive Era, he offered a sharp critique of production for profit and the wastefulness of the wealthy class. Veblen's work profoundly influenced economic thought and social criticism, shaping modern critiques of capitalism and consumer culture.

Jul 30, 1857 - Aug 03, 1929 American 15 Quotes

Quotes by Thorstein Veblen

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