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Thorstein Veblen

(1857–1929) American economist and sociologist. He is remembered in political and moral philosophy for the doctrine of conspicuous consumption, expressed in The Theory of the ...

Veblen, Thorstein

Veblen, Thorstein   Reference library

The Oxford Companion to Twentieth-Century Literature in English

Reference type:
Subject Reference
Current Version:
2005

..., Thorstein ( Thorstein Bunde Veblen ) ( 1857–1929 ), American economist and social commentator , born in Cato, Wisconsin, educated at Johns Hopkins University and Yale. From 1891 onward, he held posts at the University of Chicago, Stanford University, the University of Missouri, and the New School for Social Research, New York. The Theory of the Leisure Class ( 1899 ), his first and best-known work, offered a critical analysis of affluence as a major determinant of social values. The treatment of the price system in The Theory of Business...

Veblen, Thorstein

Veblen, Thorstein (1857–1929)   Reference library

Andrew C. Rieser

The Oxford Encyclopedia of American Business, Labor, and Economic History

Reference type:
Subject Reference
Current Version:
2013

...role eroded. Nevertheless, Veblen's works offer a penetrating and enduring critique of the subtle exercise of power in modern society. [ See also Consumer Culture ; New Deal and Institutional Economics ; Sumner, William G. ; and Technocracy . ] Bibliography Diggins, John P. The Bard of Savagery: Thorstein Veblen and Modern Social Theory . New York: Seabury Press, 1978. Dorfman, Joseph . Thorstein Veblen and His America, with New Appendices . New York: A. M. Kelley, 1961. Riesman, David . Thorstein Veblen: A Critical Interpretation . New...

Veblen, Thorstein

Veblen, Thorstein (1857–1929)   Reference library

Rieser Andrew Chamberlin

The Oxford Encyclopedia of American Cultural and Intellectual History

Reference type:
Subject Reference
Current Version:
2013

...Graham ; and Theory of the Leisure Class, The . ] Bibliography Diggins, John P. The Bard of Savagery . New York: Seabury Press, 1978. Dorfman, Joseph . Thorstein Veblen and His America , with New Appendices . New York: A. M. Kelley, 1966. Tilman, Rick . Thorstein Veblen and the Enrichment of Evolutionary Naturalism . Columbia: University of Missouri Press, 2007. Tilman, Rick . Thorstein Veblen and His Critics . Princeton, N.J.: Princeton University Press, 1992. Andrew Chamberlin...

Veblen, Thorstein

Veblen, Thorstein   Reference library

Andrew Chamberlin Rieser

The Oxford Companion to United States History

Reference type:
Subject Reference
Current Version:
2004
Subject:
History, Regional and National History
Length:
608 words

...Veblen, Thorstein ( 1857–1929 ), sociologist, economist, social critic. Raised by frugal Norwegian parents on the Wisconsin frontier, Thorstein Veblen graduated from Carleton College in Minnesota and studied philosophy at Johns Hopkins and Yale universities (with the sociologist and champion of social Darwinism William Graham Sumner ). Although educated and socialized to middle-class norms, Veblen remained a perpetual outsider. He dressed eccentrically, spoke with a difficult accent, and wrote about American customs in the manner of an anthropologist...

Veblen, Thorstein

Veblen, Thorstein   Reference library

Rick Tilman

The Oxford Encyclopedia of Economic History

Reference type:
Subject Reference
Current Version:
2005
Subject:
Social sciences, Economics
Length:
944 words
Illustration(s):
1

...Introduction by James F. Becker . New York, 1977. Diggins, John P. Thorstein Veblen: Theorist of the Leisure Class . Princeton, 1999. Dorfman, Joseph . Thorstein Veblen and His America . New York, 1966. Tilman, Rick . Thorstein Veblen and His Critics, 1891–1963 . Princeton, 1992. Tilman, Rick . The Intellectual Legacy of Thorstein Veblen: Unresolved Issues . Westport, Conn., 1996. Rick...

Veblen, Thorstein

Veblen, Thorstein (1857–1929)   Quick reference

A Dictionary of Critical Theory (2 ed.)

Reference type:
Subject Reference
Current Version:
2018

..., Thorstein ( 1857–1929 ) Norwegian-American sociologist and pioneering cultural theorist . His best known work, The Theory of the Leisure Class ( 1899 ), spawned the well-known phrase ‘conspicuous consumption’, which so aptly describes the antics of the super wealthy. Veblen was born in Wisconsin. His well-to-do parents were recent immigrants from Norway who spoke Norwegian at home. He obtained a BA in economics from Carleton College in Minnesota. He then did graduate work, first at Johns Hopkins University, under the founder of American ...

Veblen, Thorstein

Veblen, Thorstein (1857–1929)   Quick reference

A Dictionary of Philosophy (3 ed.)

Reference type:
Subject Reference
Current Version:
2016
Subject:
Philosophy
Length:
130 words

..., Thorstein ( 1857–1929 ) American economist and sociologist . He is remembered in political and moral philosophy for the doctrine of conspicuous consumption, expressed in The Theory of the Leisure Class ( 1899 ). He identifies the fundamental need to display financial well-being in what would otherwise seem wasteful display, in order to manifest status and stability, and to distinguish oneself from those slightly less well-off. Veblen argues that the principle is a human universal that explains a large variety of social phenomena. For example, we...

Veblen, Thorstein

Veblen, Thorstein (1857–1929)   Reference library

Dictionary of the Social Sciences

Reference type:
Subject Reference
Current Version:
2002
Subject:
Social sciences
Length:
427 words

..., Thorstein ( 1857–1929 ) An American economist and sociologist who pioneered the study of leisure and consumption. Veblen also founded the institutionalist school in economics, which undertook the first major critique of neoclassical economics . Against the neoclassical orthodoxy, which viewed the pursuit of self-interest as the principal motive of people's behavior, Velden believed that economic outcomes are shaped in large part by social institutions, which introduce other motivations into human activity; moreover, these institutions are...

Thorstein Veblen

Thorstein Veblen (1857–1929)   Quick reference

Oxford Essential Quotations (6 ed.)

Reference type:
Quotation
Current Version:
2018
Subject:
Quotations
Length:
61 words

...0Thorstein Thorstein Veblen 1857 – 1929 American economist and social scientist Conspicuous consumption of valuable goods is a means of reputability to the gentleman of leisure. Theory of the Leisure Class (1899) ch. 4 conspicuous consumption Conspicuous consumption The outcome of any serious research can only be to make two questions grow where one question grew before. University of California Chronicle ...

Thorstein Veblen

Thorstein Veblen (1857–1929)   Reference library

Oxford Dictionary of Quotations (8 ed.)

Reference type:
Quotation
Current Version:
2014
Subject:
Quotations
Length:
75 words

...0Thorstein Thorstein Veblen 1857 – 1929 American economist and social scientist Conspicuous consumption of valuable goods is a means of reputability to the gentleman of leisure. Theory of the Leisure Class (1899) ch. 4 conspicuous consumption Conspicuous consumption The outcome of any serious research can only be to make two questions grow where one question grew before. in University of California Chronicle (1908) outcome of any serious research make two questions grow make two questions ...

Thorstein Veblen

Thorstein Veblen (1857–1929)   Reference library

Oxford Dictionary of Political Quotations (4 ed.)

Reference type:
Quotation
Current Version:
2012
Subject:
Quotations
Length:
105 words

...0Thorstein Thorstein Veblen 1857 – 1929 American economist and social scientist Conspicuous consumption of valuable goods is a means of reputability to the gentleman of leisure. Theory of the Leisure Class (1899) conspicuous consumption Conspicuous consumption From the foregoing survey of conspicuous leisure and consumption, it appears that the utility of both alike for the purposes of reputability lies in the element of waste that is common to both. In the one case it is a waste of time and effort, in the other it is a waste of goods. Theory of...

Thorstein Veblen

Thorstein Veblen (18571929)   Reference library

Brewer's Famous Quotations

Reference type:
Quotation
Current Version:
2011
Subject:
Quotations
Length:
108 words

...Thorstein Veblen 1857 1929 American economist Conspicuous consumption of valuable goods is a means of reputability to the gentleman of leisure. The Theory of the Leisure Class (1899). Veblen coined the term ‘conspicuous consumption’ to describe the extravagant use of expensive goods to display status. Compare the term ‘conspicuous waste’ ( OED2 's only citation is from 1969), a Marxist term to denote much the same thing but more critically. The outcome of any serious research can only be to make two questions grow where one question grew before....

Thorstein Veblen

Thorstein Veblen (1857–1929)   Reference library

The Oxford Dictionary of American Quotations (2 ed.)

Reference type:
Quotation
Current Version:
2008
Subject:
Quotations
Length:
203 words

...Thorstein Veblen 1857 – 1929 The superior gratification derived from the use and contemplation of costly and supposedly beautiful products is, commonly, in great measure, a gratification of our sense of costliness masquerading under the name of beauty. The Theory of the Leisure Class , 1899 Conspicuous consumption of valuable goods is a means of reputability to the gentleman of leisure. The Theory of the Leisure Class , 1899 The first duty of an editor is to gauge the sentiment of his readers, and then tell them what they like to believe.… His second...

Veblen, Thorstein Bunde

Veblen, Thorstein Bunde (1857–1929)   Quick reference

World Encyclopedia

Reference type:
Subject Reference
Current Version:
2004
Subject:
Encyclopedias
Length:
45 words

..., Thorstein Bunde ( 1857–1929 ) US sociologist and economist . Veblen wrote The Theory of the Leisure Class ( 1899 ), in which he introduced the idea of conspicuous consumption. He founded the institutionalist school, believing that economics must be studied in the context of social...

Veblen, Thorstein Bunde

Veblen, Thorstein Bunde (1857–1929)   Reference library

The Dictionary of Modern American Philosophers

Reference type:
Subject Reference
Current Version:
2010
Subject:
Philosophy
Length:
2,315 words

... Thorstein Veblen: Theorist of the Leisure Class (Princeton, N.J., 1999). Dorfman, Joseph . Thorstein Veblen and His America (New York, 1966). Contains a bibliography of Veblen’s writings. Krier, Dan . Speculative Management: Stock Market Power and Corporate Change (Albany, N.Y., 2005). Seckler, David . Thorstein Veblen and the Institutionalists: A Study in the Social Philosophy of Economics (Boulder, Col., 1975). Simich, Jerry L. , and Rick Tilman . Thorstein Veblen: A Reference Guide (Boston, 1985). Tilman, Rick . Thorstein Veblen and His...

Veblen, Thorstein Bunde

Veblen, Thorstein Bunde (1857–1929)   Reference library

The Encyclopedia of the History of American Management

Reference type:
Subject Reference
Current Version:
2010
Subject:
Social sciences, Business and Management
Length:
1,931 words

... (1950) The Philosophy of Thorstein Veblen , New York: King's Crown Press, Columbia University. Dorfman, J. (1934) Thorstein Veblen and His America , New York: Viking. Veblen, T. B. (1899) The Theory of the Leisure Class: An Economic Study in the Evolution of Institutions , New York: Macmillan. Veblen, T. B. (1904) The Theory of Business Enterprise , New York: Charles Scribner's Sons. Veblen, T. B. (1914) The Instinct of Workmanship, and the State of the Industrial Arts , New Brunswick, NJ: Transaction Books, 1990. Veblen, T. B. (1919) The Place of...

Veblen, Thorstein Bunde

Veblen, Thorstein Bunde (1857–1929)   Quick reference

A Dictionary of Sociology (4 ed.)

Reference type:
Subject Reference
Current Version:
2015
Subject:
Social sciences, Sociology
Length:
282 words

..., Thorstein Bunde ( 1857–1929 ) A leading social critic of American industrialism, whose writings inspired so-called institutional economics, and influenced figures such as John Kenneth Galbraith and C. Wright Mills . The son of Norwegian immigrants, Veblen held several university posts, but his formal career was ruined by his outspoken and unconventional behaviour. His often eccentric writings are full of bitter satire and heavy irony and, arguably, their quality eventually suffered from his personal disappointments. Veblen took the principal...

Veblen, Thorstein [Bunde]

Veblen, Thorstein [Bunde]   Reference library

The Oxford Companion to American Literature (6 ed.)

Reference type:
Subject Reference
Current Version:
2004
Subject:
Literature
Length:
331 words

..., Thorstein [Bunde] ( 1857–1929 ), born of Norwegian immigrant parents in Wisconsin, studied at Carleton College, Johns Hopkins, and Yale (Ph.D., 1884 ), and taught at the University of Chicago ( 1892 ). In 1899 he published The Theory of the Leisure Class , a merciless attack on the commercial values of the monied class, which was received with hostility by the academic world, but at once secured the author a solid place as an economist and writer. The Theory of Business Enterprise ( 1904 ) is a more direct analysis of business and the price system....

Veblen, Thorstein Bunde

Veblen, Thorstein Bunde (1857–1929)   Reference library

The Biographical Dictionary of American Economists

Reference type:
Subject Reference
Current Version:
2010
Subject:
Social sciences, Economics
Length:
3,878 words

..., Thorstein Bunde ( 1857–1929 ) Veblen was born in Valders, Wisconsin on 30 July 1857 to Norwegian immigrants and died in Palo Alto, California on 3 August 1929 . His father Thomas Veblen and mother Kari Veblen were very hard-working individuals and were able to send Thorstein and his brothers to Carleton College in Minnesota, where John B. Clark was teaching political economy. Veblen graduated in 1880 with a degree in philosophy and went to the Johns Hopkins University for a Ph.D. in philosophy. He met John Dewey , there but decided to...

Thorstein Bunde Veblen

Thorstein Bunde Veblen (1857–1929)   Reference library

Oxford Dictionary of Scientific Quotations

Reference type:
Quotation
Current Version:
2006
Subject:
Quotations
Length:
36 words

...Thorstein Bunde Veblen 1857 – 1929 American economist and sociologist Invention is the mother of necessity. The Instinct of Workmanship: And the State of the Industrial Arts (1914), 316 invention is the mother mother of ...

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