Accession Number:

ADA008541

Title:

Thornstein Veblen as an Economic Theorist

Descriptive Note:

Technical rept.

Corporate Author:

HARVARD UNIV CAMBRIDGE MA

Personal Author(s):

• Arrow, Kenneth J.

Report Date:

1975-02-01

Pagination or Media Count:

20.0

Abstract:

Thornstein Veblen is known as an iconoclast and critic of theory. It is not generally recognized to what extent he in fact evolved theories of his own, theories which were a development of neoclassical economics and precursor of later developments. This paper sketches his theories of the firm, of cyclical fluctuations, and of economic development.

Descriptors:

• *ECONOMICS
• ECONOMIC MODELS
• MONEY
• THEORY

Subject Categories:

• Economics and Cost Analysis

Distribution Statement:

APPROVED FOR PUBLIC RELEASE