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 fr...