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Thorstein Veblen as Economic Theorist

https://doi.org/10.32609/0042-8736-2007-7-99-117

Abstract

The article considers the Veblen’s legacy from the point of view of its theoretical status. In this connection the author investigates the nature of theory as such, analyzes neoclassical school as theory, compares Veblen’s ideas with neoclassical conceptions, in particular showing the influence of these ideas on F. Knight. The article displays and systematizes the main directions of Veblen’s research and shows that if a certain concept of the theory as such is adopted, then these lines of research should be treated as theories no less than the works of neoclassic economists.

About the Author

W. Samuels
University of Michigan
United States


References

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Samuels W. Thorstein Veblen as Economic Theorist. Voprosy Ekonomiki. 2007;(7):99-117. (In Russ.) https://doi.org/10.32609/0042-8736-2007-7-99-117

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ISSN 0042-8736 (Print)