Thorstein Veblen

Economist

Birthday July 30, 1857

Birth Sign Leo

Birthplace Cato, WI

DEATH DATE Aug 3, 1929 (72)

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About

An American author known for his famous work The Theory of the Leisure Class, he combined Darwinism with economic theory to critique capitalism. He served on the faculty of both the University of Chicago and the University of Missouri.

Before Fame

He studied first at Carleton College and later at Johns Hopkins University. His famous debut work, Theory of the Leisure Class, was published in 1899.

Trivia

He published such works as Theory of Business Enterprise (1904) and Imperial Germany and the Industrial Revolution (1915). He coined the term "conspicuous consumption."

Family Life

Born in Wisconsin to a family of Norwegian heritage, he spoke English as a second language. In 1888, he married Ellen Rolfe; the couple divorced in 1911. He later wed Ann Bradley and, after her passing, took care of her daughters.

Associated With

Fellow intellectual, Franz Boas, frequently discussed Veblen's ideas.