While in the Chicago area (Palos), the family had become friends with Thorstein Veblen and his wife, Ellen.
Institutional political economy refers to a body of political economy thought stemming from the works of Thorstein Veblen, John Commons, Wesley Mitchell, John Dewey.
Nitzan and Bichler share an intellectual legacy with institutional political economists such as Thorstein Veblen.
Thorstein Veblen finds certain religious references in the story to be intrusive.
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Similarly, Thorstein Veblen notes that the saga is conventionally regarded as "a thing of poetic beauty and of high literary merit".
Thorstein Veblen (1857–1929), usually characterized as an economist or sociologist, and best known for writing the book The Theory of the Leisure Class (ISBN 0-14-018795-2), lived about a mile northeast of town.
Apparently, she had been encouraging the students to read Veblen's The Theory of the Leisure Class in addition to the Methodist reader.
Dean Davenport and Thorstein Veblen, both professors of economics, eventual won out in their belief that all courses should have a theoretical purpose over and above their practical value; however, all courses offered were to also maintain a degree of practical value.
In this respect, Witt sees his CH in the tradition of Thorstein Veblen, while it is “somewhat different from, but not incompatible with, the neo-Schumpeterian approach” (Witt 2003, p. 18).
Thorstein Veblen | Oswald Veblen | Veblen | Veblen, South Dakota | Veblen–Young theorem |
Some heterodox economists such as James Duesenberry and Robert H. Frank, following the original insights of Thorstein Veblen (1899), have argued that awareness of the consumption habits of others tends to inspire emulation in of these practices.
New Institutionalism is often contrasted with "old" or "classical" institutionalism, the latter of which was first articulated in the writings of John Dewey, Thorstein Veblen, John Commons, and others, and which has been further extrapolated by various philosophers and scholars such as Donald Davidson, Richard Rorty, Amartya Sen, Donald McCloskey, Warren Samuels, Daniel Bromley, E. J. Mishan, Yngve Ramstad, and others.
It emphasizes the legal foundations of capitalism (see John R. Commons) and the evolutionary, habituated, and volitional processes by which institutions are erected and then changed (see John Dewey, Thorstein Veblen, and Daniel Bromley.)
Oswald Veblen (1880–1960), American mathematician (Thorstein Veblen's nephew)