thorstein bunde veblen

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Definitions from WordNet

Noun thorstein bunde veblen has 1 sense

Veblen, Thorstein Veblen, Thorstein Bunde Veblen - United States economist who wrote about conspicuous consumption (1857-1929)
--₁ is a kind of economist, economic expert

Definitions from the Web

Thorstein Bunde Veblen

Description:

Thorstein Bunde Veblen was an American economist and sociologist known for his contributions to the fields of institutional economics and conspicuous consumption theory. He is most famous for his book "The Theory of the Leisure Class" which explored the concept of "Veblen goods" and the behavior of the upper class.

Sample Sentences:

Veblen argued that the wealthy often engage in conspicuous consumption to display their social status.
In "The Theory of the Leisure Class," Veblen critiqued the prevailing economic theories of his time.
Veblen's analysis of the relationship between industry and society remains influential in modern economics.

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