Economist Thorstein Veblen introduces the concept of “conspicuous consumption.”
–in The Theory of the Leisure Class.
An American of Norwegian extraction, Veblen was the founder of the Institutional economics movement (along with John R. Commons).
Jews, Church & Civilization. An Integrated Historical Timeline
Economist Thorstein Veblen introduces the concept of “conspicuous consumption.”
–in The Theory of the Leisure Class.
An American of Norwegian extraction, Veblen was the founder of the Institutional economics movement (along with John R. Commons).