Thorstein Veblen
Economist and sociologist, authored "The Theory of the Leisure Class"
Born
July 30th, 1857
167 years ago
Died
August 3rd, 1929
95 years ago — 72 years old
Category
Thinkers & Philosophers
Country
United States
Links & References
Significant contributions to economics and sociology occurred through the development of ideas surrounding conspicuous consumption and social classes. Veblen's work critiqued traditional economics with a focus on social factors affecting consumer behavior. Authored several influential texts, with "The Theory of the Leisure Class" published in 1899 highlighting the relationship between economic behavior and social status. His theories encouraged further exploration of economics as a social science.
Authored "The Theory of the Leisure Class"
Developed the concept of conspicuous consumption
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