Thorstein Veblen (Thorstein Bunde Veblen) Biography - (1857–1929), (Thorstein Bunde Veblen), The Theory of the Leisure Class, The Theory of Business Enterprise
American economist and social commentator, born in Cato, Wisconsin, educated at Johns Hopkins University and Yale. From 1891 onward, he held posts at the University of Chicago, Stanford University, the University of Missouri, and the New School for Social Research, New York. The Theory of the Leisure Class (1899), his first and best-known work, offered a critical analysis of affluence as a major d…