On the Validity of Veblen's Criticisms of Economic Orthodoxy: An Analysis of His Positions in the Light of Current Conditions and Economic Thought |
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| Authors: | Syamal K Ghosh |
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| Institution: | Syamal K. Ghosh, Ph.D., is professor of finance and control, Indian lnstitute of Management. Calcutta, P.O. Box 16757, Calcutta 700 027, India. |
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| Abstract: | A bstract . Thorstein Vehlen has received his share of brickbats and bouquets over the years. Rather than add to them, this study examines the validity of some of his criticisms of economic orthodoxy in the light of contemporary economic conditions and currents of economic thought Attempt is made to understand the ways in which orthodox theorists have viewed this heterodox thinker and to delineate the influence Veblen has exerted on us in modifying our approach to economic analysis. |
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