Thorstein Veblen: Biography, Facts and Career
Who is Thorstein Veblen? An evergreen, sourced profile: biography, key facts and career.
Thorstein Bunde Veblen ( THOR-styn VEH-blən; July 30, 1857 – August 3, 1929) was an American economist and sociologist who, during his lifetime, emerged as a well-known critic of capitalism. In his best-known book, The Theory of the Leisure Class (1899), Veblen coined the concepts of conspicuous consumption and conspicuous leisure. Veblen laid the foundation for the perspective of institutional economics. Contemporary economists still theorize Veblen's distinction between "institutions" and "technology", known as the Veblenian dichotomy. As a leading intellectual of the Progressive Era in the US, Veblen attacked production for profit. His emphasis on conspicuous consumption greatly influenced economists who engaged in non-Marxist critiques of fascism, capitalism, and technological determinism.
Quick facts about Thorstein Veblen
- Full name: Thorstein Veblen
- Born: 1857-07-30
- Nationality: Norway
- Known as: Author
- Wikidata ID: Q73646
Profile compiled from public Wikipedia and Wikidata data. Details can change over time.
Frequently asked questions
Who is Thorstein Veblen?
Thorstein Bunde Veblen ( THOR-styn VEH-blən; July 30, 1857 – August 3, 1929) was an American economist and sociologist who, during his lifetime, emerged as a well-known critic of capitalism. In his best-known book, The Theory of the Leisure Class (1899), Veblen coined the concepts of conspicuous consumption and conspicuous leisure.
What nationality is Thorstein Veblen?
Thorstein Veblen is Norway.
When was Thorstein Veblen born?
Thorstein Veblen was born on 1857-07-30.
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