Thorstein Bunde Veblen (born Torsten Bunde Veblen; July 30, 1857 – August 3, 1929) was an American economist and sociologist, and leader of the institutional economics movement. Veblen is credited for the main technical principle used by institutional economists, known as the Veblenian dichotomy. It is a distinction between what Veblen called "institutions" and "technology". Besides his technical work, Veblen was a popular and witty critic...
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Thorstein Bunde Veblen (born Torsten Bunde Veblen; July 30, 1857 – August 3, 1929) was an American economist and sociologist, and leader of the institutional economics movement. Veblen is credited for the main technical principle used by institutional economists, known as the Veblenian dichotomy. It is a distinction between what Veblen called "institutions" and "technology". Besides his technical work, Veblen was a popular and witty critic...