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- Title
THE UNITY OF VEBLEN'S THEORETICAL SYSTEM.
- Authors
Anderson, Karl L.
- Abstract
The article discusses the economic theory of leading economist Thorstein Veblen. It is no compliment to the institutional economists that as a rule they have not taken the trouble to attempt a consistent statement of the doctrines of Veblen. Veblenian type of theory remains something of a mystery. It is no compliment to the institutional economists that as a rule they have not taken the trouble to attempt a consistent statement of the doctrines of Veblen. The result is that Veblen's position has never yet been judged in true perspective, nor his ideas interpreted in proper sequence or adequate integration. It is one of the primary objects of the present essay to clear away some of the misunderstandings which obscure Veblen's true position. The principal thesis to be developed in this study is that, contrary to general opinion, the man does offer such an integrated system. One great objective guides Veblen through all the detail of his criticism of existing types of economic theory, and that is to impress the idea that economics is a "taxonomic science."
- Subjects
VEBLEN, Thorstein, 1857-1929; THEORY; ECONOMISTS; INFLUENCE (Literary, artistic, etc.); PERSPECTIVE (Philosophy); AESTHETICS
- Publication
Quarterly Journal of Economics, 1933, Vol 47, Issue 4, p598
- ISSN
0033-5533
- Publication type
Article
- DOI
10.2307/1884293