Books author - "Thorstein Veblen"
Description 1899 was the tail end of the Gilded Age, a time in America of rapid economic expansion that caused a select few to become ultra-wealthy, while millions of commoners struggled in abject poverty. It was against this backdrop that Veblen, an economist and sociologist at the University of Chicago, wrote The Theory of the Leisure Class, a book that brought the phrase โconspicuous consumptionโ into the modern vocabulary. Veblenโs thesis centers on the definition of what he calls the
Description 1899 was the tail end of the Gilded Age, a time in America of rapid economic expansion that caused a select few to become ultra-wealthy, while millions of commoners struggled in abject poverty. It was against this backdrop that Veblen, an economist and sociologist at the University of Chicago, wrote The Theory of the Leisure Class, a book that brought the phrase โconspicuous consumptionโ into the modern vocabulary. Veblenโs thesis centers on the definition of what he calls the