Rethinking Economics is a major contribution to the reconstruction of an economic theory appropriate to the 21st century. Just as major changes are occurring in the world economy, economics itself is on the brink of change. Orthodox economics is now widely criticized for its sterility and its...

This focuses on Veblen's writings up to 1914 in which he crafts his core concepts, develops his theoretical position both constructively and critically, and applies analysis topics including the evolution of human institutions and the economic dynamics of modern society