Thorstein Veblen was an American economist born on July 30, 1857 in Wisconsin. He is best known for his theories on the behavior of consumers and his critique of the economic system. His work has had a lasting impact on the field of economics and his net worth, biography, age, height, family and career updates are widely available.
Thorstein Veblen is a member of Economist
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An American author known for his famous work The Theory of the Leisure Class, he combined Darwinism with economic theory to critique capitalism. He served on the faculty of both the University of Chicago and the University of Missouri.
He studied first at Carleton College and later at Johns Hopkins University. His famous debut work, Theory of the Leisure Class, was published in 1899.
He published such works as Theory of Business Enterprise (1904) and Imperial Germany and the Industrial Revolution (1915). He coined the term "conspicuous consumption."
Born in Wisconsin to a family of Norwegian heritage, he spoke English as a second language. In 1888, he married Ellen Rolfe; the couple divorced in 1911. He later wed Ann Bradley and, after her passing, took care of her daughters.
Fellow intellectual, Franz Boas, frequently discussed Veblen's ideas.
