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Thorstein Veblen


About the Author

Thorstein Veblen (1857–1929) was an American economist and sociologist. He was educated at Carleton College, Johns Hopkins University, and Yale University. His most famous work, The Theory of the Leisure Class (1899), is a satiric look at American society. Veblen coined the widely used phrases “conspicuous consumption” and “pecuniary emulation.”

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