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The Unity of Veblen's Theoretical System

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  • Karl L. Anderson

Abstract

I. Introductory; neglect of Veblen's general theory, 598.— II. His main criticisms of economics, and the fundamental standpoint implied therein, 600.— III. Psychological postulates of Veblen's theory; the evolutionary idea, 602.— IV. Summary of the theory: the savage era, 605; the barbarian era, 607; the period of handicraft, 611; the age of the machine process, 613.— V. Analysis of the modern economy, 614; its place in the general theory, 617.— VI. Integration of Veblen's ideas, 618; this a system of theory different from the Marshallian, 620.— VII. Criticism of Veblenian psychology, 622; treatment of history, 623; and institutions, 624.— Conclusion; issue of the institutional controversy, 624.

Suggested Citation

  • Karl L. Anderson, 1933. "The Unity of Veblen's Theoretical System," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 47(4), pages 598-626.
    • Handle: RePEc:oup:qjecon:v:47:y:1933:i:4:p:598-626.
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    File URL: http://hdl.handle.net/10.2307/1884293
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    Cited by:

    1. Tae-Hee Jo, 2021. "Veblen’s evolutionary methodology and its implications for heterodox economics in the calculable future," Review of Evolutionary Political Economy, Springer, vol. 2(2), pages 277-295, July.
    2. Tae-Hee Jo, 2021. "A Veblenian Critique of Nelson and Winter’s Evolutionary Theory," Journal of Economic Issues, Taylor & Francis Journals, vol. 55(4), pages 1101-1117, October.

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