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Thorstein Veblen, Iconoclastic Economist

Author

Listed:
  • Gagnon, Marc-André

    (Carleton University)

  • Della Faille, Dimitri

    (Département des sciences sociales, Université du Québec en Outaouais)

Abstract

This article offers a presentation of the works by Thorstein Veblen, as well as some biographical elements. After a brief presentation of Veblen’s main intellectual influences and after presenting the author’s context of an America dominated by robber-barons at the turn of the XXth Century, this article presents his theory of socio-economic evolution based on a Darwinian perspective, his theory of the elite and of the leisure class, his theory of capital as means of predation and, finally, discusses the heritage Thorstein Veblen left in social sciences.

Suggested Citation

  • Gagnon, Marc-André & Della Faille, Dimitri, 2014. "Thorstein Veblen, Iconoclastic Economist," European Journal of Economic and Social Systems, Lavoisier, vol. 26(1-2), pages 11-30.
    • Handle: RePEc:ris:ejessy:0008
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    More about this item

    Keywords

    Thorstein Veblen; institutions; leisure class; economic evolution; property; capital; predation;
    All these keywords.

    JEL classification:

    • B00 - Schools of Economic Thought and Methodology - - General - - - History of Economic Thought, Methodology, and Heterodox Approaches
    • B15 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Historical; Institutional; Evolutionary
    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth

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