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The big majority of Americans, who are comparatively well off, have developed an ability to have enclaves of people living in the greatest misery without almost noticing them.

Monday
Nov 10, 2025

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About Thorstein Bunde Veblen

Thorstein Bunde Veblen

Thorstein Bunde Veblen

Thorstein Bunde Veblen (born Tosten Bunde Veblen July 30, 1857 - August 3, 1929) was a Norwegian-American sociologist and economist and a founder, along with John R. Commons, of the Institutional economics movement. He was an impassioned critic of the performance of the American economy, and is most famous for his book The Theory of the Leisure Class (1899).

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