Category
page 1Thorstein Veblen
Thorstein Veblen
American economist and sociologist (1857–1929)
neoclassical economics
relates to supply and demand to an individual's rationality
technological determinism
theory holding that social progress is shaped by technological progress
institutional economics
branch of economics about how institutions affect the economy
Veblen effect
Luxury good for which the demand increases as the price increases
conspicuous consumption
concept in sociology and economy
evolutionary economics
part of mainstream economics
conspicuous leisure