conspicuous consumption.In his criticism of the price system, his analysis of the business cycle, and his interpretation of the role of technical men in modern society, there are implications for social engineering. Veblen did not achieve popular acclaim in his time but has since exerted significant influence. His works include The Theory of the Leisure Class (1899), The Theory of Business Enterprise (1904), Imperial Germany and the Industrial Revolution (1915), The Engineers and the Price System (1921), and Absentee Ownership and Business Enterprise in Recent Times (1923). He also translated The Laxdoela Saga (1925) from the Icelandic. Essays in Our Changing Order was published in 1934. Anthologies of his writings have been edited with introductions by W. C. Mitchell (1936) and Max Lerner (1948).
See selected writings ed. by W. C. Mitchell (1936, repr. 1964) and M. Lerner (1950). See also biographies by J. Dorfman (1934, repr. 1966), J. A. Hobson (1936, repr. 1971), and D. F. Dowd (1964); studies by R. V. Teggart (1932, repr. 1966), S. Daugert (1950), D. F. Dowd, ed. (1958), and C. C. Qualey, ed. (1968).
The Columbia Electronic Encyclopedia, 6th ed. Copyright © 2012, Columbia University Press. All rights reserved.
See more Encyclopedia articles on: Economics: Biographies