The Engineers and the Price System

One of the great thinkers of the early 20th century American economist and sociologist THORSTEIN BUNDE VEBLEN (1857-1929) is best remembered for coining the phrase conspicuous consumption. But he also in this 1921 volume foresaw the rise of the scientist and the technologist as an economic power. Here he explains... . the conflict between the entrepreneur and the engineer . the new power of the technological craftsman in the industrial scheme . why any revolution in America would come from organized labor . and more. ALSO FROM COSIMO: Veblens The Vested Interests and the Common Man The Theory of Business Enterprise Imperial Germany and the Industrial Revolution An Inquiry into the Nature of Peace and the Terms of Its Perpetuation and The Instinct of Workmanship and the State of the Industrial Arts